April 3, 2008 12:36 PM
- Text
Vytorin Update: Big Pharma Strikes Back
(MoneyWatch) The saga over Vytorin, the expensive cholesterol pill that may be no better than older, cheaper "statin" drugs, has come to a familiar pass: The manufacturer backlash.
Merck and Schering-Plough, the makers of Vytorin, saw their stocks crushed the day after cardiologists trashed the multi-billion-dollar drug at a high-profile medical meeting and recommended doctors downgrade it to a treatment of last resort. So the pharmas are now spinning for all they're worth, sending their CEOs on the interview circuit to argue against a rush to judgment and to implicitly trash Vytorin's critics -- a difficult proposition, given that their ranks now include the New England Journal of Medicine.
The companies also struck back -- sort of -- against John Kastelein, the Dutch heart specialist who found little evidence that Vytorin could help prevent heart problems and strokes in a recent trial. In internal emails, Kastelein had railed against the companies' heavy-handed management of that trial, which among other things delayed release of the results for a year or more.
In response to snippets of those messages released by the Senate Finance Committee, Merck and Schering gave the WSJ Health Blog the full text of the correspondence in question (PDF link), apparently hoping it would put Kastelein's statements in "context" by making him out to be something of a nut. That was a questionable strategy in the first place -- Kastelein was the lead investigator for the company-sponsored study, after all. And while one excerpt does reveal Kastelein referring to his outbursts as "[t]he raging part of my former emails," ultimately the string just strengthens the independent researcher's case that the trial in question was at best really badly managed, and at worst manipulated in an attempt to delay release and even perhaps to produce results more to Merck's and Schering's liking.
Insurers are starting to balk at Vytorin as well. Cigna, for instance, said it will suspend a program that recommended Vytorin to certain patients, and others are reviewing their prescription policies as well.
The drugmakers still have some heavy weaponry to deploy in the form of their massive sales forces, which are already fanning out to doctors across the country with their preferred interpretation of the trial results. Yet the ability of sales reps to blunt PR damage of this magnitude is probably limited, and it certainly doesn't help that there are fewer of them all the time, given a wave of pharma layoffs over the past several months. Schering, in fact, just announced it would cut 5,500 jobs as part of plans to trim $1.5 billion over the next four years.
UPDATE: And now, the backlash to the backlash, as Yale professor and Vytorin critic Harlan Krumholz ably defends himself against snide remarks from Schering CEO Fred Hassan at Pharmalot.
Merck and Schering-Plough, the makers of Vytorin, saw their stocks crushed the day after cardiologists trashed the multi-billion-dollar drug at a high-profile medical meeting and recommended doctors downgrade it to a treatment of last resort. So the pharmas are now spinning for all they're worth, sending their CEOs on the interview circuit to argue against a rush to judgment and to implicitly trash Vytorin's critics -- a difficult proposition, given that their ranks now include the New England Journal of Medicine.The companies also struck back -- sort of -- against John Kastelein, the Dutch heart specialist who found little evidence that Vytorin could help prevent heart problems and strokes in a recent trial. In internal emails, Kastelein had railed against the companies' heavy-handed management of that trial, which among other things delayed release of the results for a year or more.
In response to snippets of those messages released by the Senate Finance Committee, Merck and Schering gave the WSJ Health Blog the full text of the correspondence in question (PDF link), apparently hoping it would put Kastelein's statements in "context" by making him out to be something of a nut. That was a questionable strategy in the first place -- Kastelein was the lead investigator for the company-sponsored study, after all. And while one excerpt does reveal Kastelein referring to his outbursts as "[t]he raging part of my former emails," ultimately the string just strengthens the independent researcher's case that the trial in question was at best really badly managed, and at worst manipulated in an attempt to delay release and even perhaps to produce results more to Merck's and Schering's liking.
Insurers are starting to balk at Vytorin as well. Cigna, for instance, said it will suspend a program that recommended Vytorin to certain patients, and others are reviewing their prescription policies as well.
The drugmakers still have some heavy weaponry to deploy in the form of their massive sales forces, which are already fanning out to doctors across the country with their preferred interpretation of the trial results. Yet the ability of sales reps to blunt PR damage of this magnitude is probably limited, and it certainly doesn't help that there are fewer of them all the time, given a wave of pharma layoffs over the past several months. Schering, in fact, just announced it would cut 5,500 jobs as part of plans to trim $1.5 billion over the next four years.
UPDATE: And now, the backlash to the backlash, as Yale professor and Vytorin critic Harlan Krumholz ably defends himself against snide remarks from Schering CEO Fred Hassan at Pharmalot.
-
David Hamilton is the assistant managing editor of CNET News. He has been writing and editing business and tech coverage for about two decades -- the majority of that at the Wall Street Journal in both Tokyo and San Francisco.
Follow on Twitter »
Latest Now in MoneyWatch
- Insurers respond cautiously to contraceptive plan
- Judge: Legally, breastfeeding not related to pregnancy
- Budget deficit drops to $27 billion in January
- Why the Powerball Jackpot is part of my investment strategy
- Is the new VW Beetle diesel worth the money?
- Consumer sentiment highlights risks to recovery
- Valentine blues? 10 best cities to be single
- December trade deficit widens to $48.8 billion
- Alcatel-Lucent returns to profit in 2011
- 6 things never to say in a performance review
- $26B mortgage deal: Who gets the money?
- Friendly's CEO steps down
- Quarterly loss hits $3.3B at Postal Service
- Greeks rail against cuts as EU demands more
- 6 things you should never share on Facebook
- Make moves now to increase financial aid
- Valentine's Day: 9 places to save
Latest CBS News Headlines
on Facebook
on CBS News
- Wash. moves step closer to legalizing gay marriage
- Air Force trains flight attendants for VIP trips
- Item in Powell unit tests positive for blood
- Video: Man tries to carry girl away at Ga. Walmart
on Facebook
- Adele sings a cappella for Anderson Cooper
- Josh Powell had "incestuous" images on his home computer, authorities say
on CBS News






