FDA Rejects Merck's Multiple Sclerosis Drug

by VR Sreeraman on  March 2, 2011 at 7:39 PM Drug News   - G J E 4
US Food and Drug Administration (FDA) has refused to approve Merck KGaA's oral pill Cladribine for multiple sclerosis treatment.
 FDA Rejects Merck's Multiple Sclerosis Drug
FDA Rejects Merck's Multiple Sclerosis Drug

The FDA declined to approve the drug "in its present form" and asked Merck to "provide an improved understanding of the safety risks and the overall benefit-risk profile," either through additional analyses or studies.

Merck said it would ask the US regulator to clarify the next steps and will try to address its questions.

The German pharmaceutical group has already been rebuffed by European regulators and has only received authorisation to sell Cladribine in Australia and Russia.

Shares in the company were down 0.65 percent to 64.58 euros in early trade on the Frankfurt stock exchange where the DAX index was off 0.91 percent overall.

Source: AFP

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
User Avatar
* Your comment can be maximum of 2500 characters
Notify me when reply is posted I agree to the terms and conditions

You May Also Like