A few hitches 'across the pond' for pharma products
Bristol-Myers Squibb (BMS) and Ranbaxy Laboratories both got some bad news from the United Kingdom this week, with one product denied the chance—at least for now—to enter the market and three others removed from that market.
In the case of BMS, the U.K.'s National Institute for Health and Clinical Excellence (NICE) issued draft guidance rejecting National Health Service reimbursement for Yervoy (ipilimumab), an immunotherapy designed to be used against advanced melanoma in patients who have received prior treatment. Yervoy was approved in Europe this summer and reportedly is the first treatment cleared for use against the disease that has demonstrated a significant improvement in overall survival. Analysts are saying that the drug could generate global sales of nearly $1.5 billion in 2016.
Because truly long-term benefits are not yet known, and the drug costs about $31,550 a dose (and is given in four doses), NICE could not recommend it, with NICE's chief executive Andrew Dillon saying, "We need to be sure that new treatments provide sufficient benefits to patients to justify the significant cost the NHS is being asked to pay."
In explaining NICE's rationale, Dillon said that clinical specialists report that about 30 percent of people treated with Yervoy would have improved survival, with possibly "only 10 percent potentially experiencing long-term benefits." In addition, he noted that no patient characteristics or biomarkers have yet been identified to identify the patients who would benefit from the therapy.
Amadou Diarra, general manager of BMS's UK business, said the drugmaker "will be submitting further evidence [in] the hope that NICE will reconsider this decision so that all patients with metastatic melanoma can access this potentially life-extending treatment."
The treatment was approved by drugs regulators in the United States in March and was in May recommended for approval in Europe by the European Medicines Agency.
While BMS was blocked at the door, Ranbaxy Labs has been "shown the door" so to speak, and the British arm of the company is now in the process of recalling three drugs from the U.K. market. It's not a fatal blow, as the problem is that drugmaker violated stipulated safety warning requirements of the country and neglected to make required changes to the patient information leaflets accompanying the drugs to include updated safety information. As such , Ranbaxy must withdraw one batch each of antiviral drug Aciclovir, antifungal drug Fluconazole and analgesic Oldaram.
This is the second time Ranbaxy has had to recall products this year and the fifth time in past two years from the UK market. The most recent previous recall was three months ago when Ranbaxy had to recall the skin infection drug Isotretinoin.