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June 27, 2009

Roche Pulls Accutane Off Market After Jury Verdicts

Quoted from http://www.bloomberg.com/apps/news?pid=20601087&sid=a7Oj2q25ZHZ8

Roche Pulls Accutane Off Market After Jury Verdicts


By Jef Feeley and Sophia Pearson

June 26 (Bloomberg) -- Roche Holding AG, the world’s biggest maker of cancer drugs, is pulling its Accutane acne medicine from the U.S. market after juries awarded at least $33 million in damages to users who blamed the drug for bowel disease.

Roche notified the U.S. Food and Drug Administration today that it was withdrawing Accutane after a “reevaluation” of its product lines showed it faced serious challenges from generic competitors, company officials said in a statement.

“In addition, Roche has been faced with high costs from personal-injury lawsuits that the company continues to defend vigorously,” according to the statement.

About 13 million people have taken Accutane since it went on the market in 1982. The medication was Roche’s second-biggest selling drug before the patent expired in 2002 and rivals started selling generic versions. Roche’s prescription market share of the drug is now below 5 percent, the company said.

[Article continues at original source]

Posted at 10:52 AM in Accutane |

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