VA marks Avandia off formulary

The bigger they are, the harder they fall? In yet another blow to the embattled diabetes drug Avandia, the Department of Veterans Affairs is severely restricting its use. Until now, the VA accounted for about 8 percent of Avandia sales.

Once upon a time, Avandia delivered $2.2 billion to GlaxoSmithKline's top line in the U.S. alone. Since reports of safety problems surfaced in May, those sales have free-fallen by 60 percent. And more downward pressure may be on its way. Despite an advisory panel's recommendation that it remain on the market, the FDA is still arguing whether to pull the drug.

- read the article from the New York Times

Read more on: GSK | Avandia

Suggested Articles

Eli Lilly and Incyte are investing heavily in JAK inhibitor Olumiant's chances in atopic dermatitis, but does it stand a chance against Dupixent?

Krystal Biotech has started on a new manufacturing facility for eventual commercial supply of gene therapies in its pipeline.

Chinese authorities have recommended trying AbbVie's HIV combo therapy Kaletra to treat the new coronavirus ravaging the country—and spreading fast.