Pharmaceuticals

Try Jim Cramer's Action Alerts PLUS
CLICK HERE NOW

FDA Panel Rejects Cephalon's Sparlon

03/23/06 - 07:28 PM EST

Robert Steyer

Sparlon contains the ingredient modafinil, the same ingredient found in Provigil, a sleep-disorders drug that also is Cephalon's best-selling product. Sparlon contains a higher dose of the ingredient than does Provigil.

Provigil doesn't have any black box warnings nor does it have any alerts for dangerous skin problems.

No ADHD drug has such a warning for the dangerous skin rashes. Strattera, from Eli Lilly LLY, has a black box warning about suicidal thinking in adolescents. The label also alerts patients to potential liver damage.

Adderall and Adderall XR, from Shire PLC SHPGY have a black box regarding potential amphetamine abuse.

Last month, another FDA advisory committee recommended that all stimulant-type ADHD drugs carry a black box warning for cardiovascular risk. The vote was 8-7, with one abstention, covering drugs such as Shire's medications, Ritalin from Novartis NVS, generic versions of Ritalin, and Concerta from Johnson & Johnson JNJ.

Several smaller brands also would be affected because they are stimulants. Neither Strattera nor Cephalon is viewed as a stimulant by the FDA.

Stevens-Johnson syndrome played a role in the FDA's requesting the removal from the market of Bextra, a Pfizer PFE arthritis drug that was withdrawn last April.

Bextra's label already had a black box warning for this disease when the FDA asked Pfizer to pull it, saying the drug's risks outweighed its benefits. The agency also cited a "potential increased risk" of serious cardiovascular injury in asking Pfizer to withdraw Bextra.




1 2 3
» Next

Previous Story

ADHD Drugs Catch a Break

Pharmaceuticals


03/23/06
Schering AG Accepts Bayer Bid

The offer is worth about $19.5 billion.


03/23/06
ADHD Drugs Catch a Break

They might avoid a black box, but an FDA panel does say labels should clearly describe risks.


03/22/06
Cephalon Overcomes Sparlon Scare

Anxious investors are finally about to learn what an FDA panel thinks of the ADHD drug.


05/19/08
Cramer on Top Searched Stocks: Yahoo!

Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.


05/17/08
Jim Cramer's Best Blogs

Catch up on his thinking on the hottest topics of the past week.


04/26/08
Coming Week: Make or Break

Investors will have to deal with a Fed meeting and another flood of earnings and economic data.


05/19/08
Top Rocket Stocks: Ensco

Ensco International and Echelon have the potential to move higher in coming days.


04/28/08
Monday's Analysts' Upgrades, Downgrades

See who made what calls.


05/19/08
Telecom Giants See a Savior in Video

The addition of video is helping telecom companies compete against cable and satellite companies.


05/19/08
Contract Expiration Tempers Oil's Rise

The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.


05/19/08
Analysts' Upgrades, Downgrades: Amazon

See who made what calls.


Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now.

Keep on top of the market and the critical information you need to make more profitable investing decisions.

  • Cramer's Daily Booyah!
  • Before the Bell

Privacy Policy

See All Free Newsletters

Premium Stock Ideas
Access Action Alerts Plus to find out Cramer’s latest picks now!