November 17, 2008 3:48 PM
- Text
Source: FDA to Require Meta Analyses of Diabetes Drug Studies
(MoneyWatch) A source tells BNET that the FDA is sending out letters to drug companies giving them new guidelines for drug approvals in the diabetes category. The source says the FDA will now require a meta analysis of all phase II and phase III trials for cardiovascular events if the studies are still under way. Morgan Stanley put out an analysts' note indicating that:
The acceptance of the new standards bolsters the case for Nissen as Obama's new FDA chief.
David Kliff, author of the Diabetic Investor newsletter, said "I would not be shocked at all if that was happening [given recent events surrounding Avandia and CV risk] ... quite honestly I totally expected this to happen."
FDA, following a panel recommendation in July, is issuing generic letters to companies with diabetes drugs in development requiring pre-approval screening trials for CV risk, potentially followed by post-marketing studies. We understand that so far, such letters have been sent to sponsors with early-stage drugs.If the data meets certain criteria, then companies may not have to do a long-term CV study, although a post-marketing study may still be required. The bottom line seems to be that more cardiovascular information is now required. The FDA told BNET:
At this time, we cannot confirm whether or not such letters are issuing.If the source is correct, the new rules stem from the summer meeting that the FDA held on the topic. At that meeting, Steve Nissen of the Cleveland Clinic Foundation (and the curse of Avandia) urged tighter standards for CV events before new diabetes drugs were approved.
The acceptance of the new standards bolsters the case for Nissen as Obama's new FDA chief.
David Kliff, author of the Diabetic Investor newsletter, said "I would not be shocked at all if that was happening [given recent events surrounding Avandia and CV risk] ... quite honestly I totally expected this to happen."
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 Most Discussed Stories
on CBS News
- Lin scores 38 to lead Knicks over Lakers 92-85
- Mavericks hold off T-wolves 104-97 behind Nowitzki
- Crawford leads Trail Blazers past Hornets, 94-86
- Jennings' 24 lifts Bucks past Cavs 113-112 in OT
on Facebook Most Discussed Stories
on CBS News






