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: Tampa Bay Personal Injury LawIs Exubera the Last Nail in Pfizer's Coffin?
By Brenda Fulmer
Last Fall, the Wall Street Journal heralded the
impending death of Exubera, an inhaled insulin.
When Exubera was first approved in 2006, Pfizer had high hopes for the
drug and touted its simplicity of use for patients. Early predictions were that sales of Exubera
might top $1.5 billion within four years of the drug's introduction. Pfizer's fairy tale ending apparently wasn't in
the cards with regard to Exubera.
In the Fall of 2007, Pfizer acknowledged that Exubera had failed to meet the company's financial objectives and planned to phase out the product. This decision was rather costly to Pfizer's bottom line with charges and write-offs of nearly $3 billion. Just months after Pfizer thought that it had written the final chapter on the costly Exubera debacle, a clinical study showed that there may be an increased risk of lung cancer associated with the drug, and that it may be particularly dangerous when used by smokers and patients with significant lung disease.
Earlier this year, John Buse, a president of the American Diabetes Association, told the AP: "I think Pfizer will wish they had never gotten into this. I doubt they'll regain their investment." He explained:"There is no advantage to Exubera and there may be a safety risk. I see it as my job to talk people out of (using) it."
In a chat with the Health Blog at the time, Buse said his concerns were centered mostly on younger patients, whose blood sugar can be harder to control and whose lungs are more vulnerable. For these patients, Buse said, "I'm going to make it sound pretty bad: 'A., You may have to take it for a long time and we only have three-year safety data. B. You're going to carry this crazy thing (picture, upper left) that's the size of a can of Coke. You're going to be mixing packets before meals. People are going to think you're doing drugs. Why would you do that?' "
Full post as published by Tampa Bay Personal Injury Law on April 13, 2008 (boomark / email).
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