Pharmaceuticals

Sanofi Drug Has Suicide Risk

 

Although an experimental drug from Sanofi-Aventis (SNY) effectively reduces weight, it also increases the risk of psychiatric problems, including suicidal thoughts and behavior, a government report said Monday.

Compared to a placebo, a recommended dose of the drug "statistically significantly increased" suicidal thinking and actions, says the staff of the Food and Drug Administration. The staff issued its analysis two days before a committee of outside medical advisers reviews the drug, which is sold as Acomplia in foreign markets and is now called Zimulti in the U.S.

The drug is sold in at least 10 countries, primarily in Europe, and it has been a source of controversy and regulatory delay in the U.S. Many analysts have predicted that Zimulti could be a multibillion-dollar product worldwide, assuming it gets approved in the U.S., which would be its biggest market.

The FDA staff report's findings helped push down Sanofi-Aventis' stock by 38 cents to $45.12 in heavy trading.

FDA staff reports are routinely issued before advisory committee meetings are held, offering analyses and suggesting questions for panel members. The advisors make recommendations, and even though the FDA isn't bound by the panels' votes, it usually follows them.

Sanofi-Aventis originally sought FDA approval in April 2005 for the drug to treat obesity and help smokers quit. The latter application was rejected, and the weight-loss application was granted conditional approval in February 2006. Sanofi-Aventis refiled its weight-loss application in October. But the drug has experienced subsequent regulatory delays.

The FDA's conditional approval was based primarily on concern about "increased frequencies of psychiatric events, including suicidality," says the FDA staff report, which was posted on the agency's Web site.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,393.45 1,310.33 2,827.34 15.81
Oil *
101.78
DOWN
26.41
DOWN
2.99
DOWN
10.02
DOWN
0.44
10 Yr
1.58%
SPDR Gold
151.62
-0.21%
-0.23%
-0.35%
-2.71%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet