Pfizer, Prasugrel and New Cardiovascular Drugs

Oct 2, 2008 12:52 EDT


This week Pfizer announced its plans to stop CV development; last week the FDA announced they still were not in a position to approve prasugrel. Where is CV drug development headed?

 

See:

FDA once again postpones decision on prasugrel  

Pfizer to drop development of drugs for hyperlipidemia, atherosclerosis, and heart failure








Your comments
Pfizer, Prasugrel and New Cardiovascular Drugs
# 1 of 2
October 8, 2008 08:22 (EDT)
Rick
There is a great risk that this lack of new drug development will be magnified to an even greater degree as government price pressures and generic utilization drive down the motivation for companies to take on the tremendous risks of drug development.
# 2 of 2
October 8, 2008 11:11 (EDT)
sdl
The real problem lies with drug patent laws. A new drug today costs $ 1.2 billion before it gets out to market. I'm not sure in this financial climate anybody wants to take that gamble. Although I do not believe drug companies should be able to reap huge rewards e.g Lipitor $ 12 billion annually) the fact that generic companies are able to produce these drugs at the end of the patent without having any need for future R&D, CME, or free sampling is outrageous. An incentive must be created for companies to continue research and provide total patent protection with some financial safeguards inserted so that the consumer does get a break at the cash register. One has to only look at the complete collapse of R&D with Pfizer who was the #1 taxpayer in Ann Arbor before it shut down its facility and its 2200 high skilled workforce.

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