GlaxoSmithKline may cut or redeploy its Avandia sales force in the wake of safety concerns that have virtually destroyed the drugs sales. Avandia is GSK’s second bestselling drug, earning £1.4 billion (about $2.8 billion) in 2006. Earlier this year, a New England Journal of Medicine study caused a uproar [1] when it pointed to previously undisclosed safety risks associated with the diabetes drug. However, an expert committee of the FDA recommended by an overwhelming margin [2] that Avandia should stay on the market with heightened warnings regarding its risks.
According to the Times, “A spokewsoman for GSK said the company was in ‘wait-and-see mode’ ahead of a final decision from the FDA but said that it was normal for the group to appraise regularly its allocation of staff and resources.†Given the GSK has a number of drug in the pipeline, the company may choose to redeploy salespeople on new drugs rather than cut them loose entirely.
- see this article [3] for more
Links:
[1] http://www.fiercebiotech.com/story/avandia-risks-exposed-under-deal-to-post-data/2007-05-23
[2] http://www.fiercebiotech.com/story/expert-committee-says-avandia-should-stay/2007-07-31
[3] http://business.timesonline.co.uk/tol/business/industry_sectors/health/article2249837.ece