Follow-up to Actos, Nesina, Delayed by FDA
By Scott Hardy
The FDA just dealt what could be a major blow to Takeda Pharmaceutical by delaying their approval of Nesina (alogliptin), their follow-up to bladder cancer plagued type 2 diabetes drug Actos. Takeda Pharmaceuticals is pushing heavily for the new drug because Actos will lose its patent protection in four months. Once that happens we will see generic versions of Actos be released by rival pharmaceutical drug companies. That could, and likely will, subtract billions of dollars in revenue from Takeda Pharmaceuticals bottom line. They need a new drug that will treat diabetes, is protected by a new patent, and will be charged at a similar fee structure as Actos. The release of the new drug will also give patients who are avoiding Actos due to the risk of bladder cancer, over have already contracted bladder cancer after using Actos, a new venue to use for treatment of diabetes.
Updated April 30th, 2012
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