Elan's Tysabri Link to Death May Be From `Overdose,' NCB Says
2005-07-06 06:43 (New York)
By Carey Sargent
July 6 (Bloomberg)
Elan Corp.'s multiple sclerosis drug
Tysabri may have led to patient deaths because interaction with
another treatment, Avonex, led to a build-up of the medicine in
the body and an overdose, an NCB Stockbrokers analyst said.
An interaction of Tysabri and Avonex, an older MS drug
sold by Elan's U.S. partner Biogen Idec Inc., ``essentially
leads to almost double the intended Tysabri concentration after
only 20 weeks,'' NCB analyst Orla Hartford said today in a note
to investors. ``Patients on Tysabri alone did not accumulate
the drug.''
Tysabri was recalled Feb. 28 after being linked to
progressive multifocal leukoencephalopathy, a rare neurological
disease in two patients. Both of these patients had been taking
a combination of the two drugs. Elan and Biogen Idec are
reviewing medical records of patients who have taken the drug,
and have said they expect to complete the review at the end of
June or July. The companies will meet with the FDA to determine
whether the drug can be sold again.
Tysabri is the cornerstone of Elan Chief Executive Kelly
Martin's plan to reach profitability and repay debt due in 2008
and 2011. He said in May he's confident the drug will return to
the market.
Analysis of data submitted to the U.S. Food and Drug
Administration during the approval process suggests that
treatment with the two drugs leads to a ``rapid accumulation of
Tysabri along with a reduced ability to clear the drug from the
body,'' Hartford said.
This accumulation may have led to a suppressed immune
system in the brain and may have been a key pre-disposing
factor in the two-cases of PML seen in combination therapy,
Hartford said.
She added that she expects that the effect Avonex has on
Tysabri will ``form a central part of the case made to the FDA
for Tysabri's relaunch.''
A third patient, identified in March, wasn't taking Avonex
but was on azathioprine, another immunosuppressive drug.
Hartford said a combination of Tysabri with any other
immunosuppressive drug may ``have to be avoided.''
--Editor: Roth
To contact the reporter on this story:
Carey Sargent in London at (44) (20) 7073-3126 or
csargent3@bloomberg.net.
To contact the editor responsible for this story:
Christopher Elser at (44) (20) 7673 2284
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