Connect with us

Health

FDA adds liver damage warning to AbbVie drugs after some reports of patient deaths

Published

on

WASHINGTON – Federal health officials are warning doctors and patients that two hepatitis C drugs from AbbVie can cause life-threatening liver injury in patients with advanced forms of the disease.

The Food and Drug Administration said Thursday it will require AbbVie to add new warnings to Viekira Pak and Technivie after reported deaths and liver transplants in patients who already had liver damage caused by hepatitis C.

The warning could reshape the growing field of high-priced drugs to treat the virus, which also includes Gilead Sciences’ blockbuster medications Sovaldi and Harvoni.

Jefferies analyst Brian Abrahams wrote in an investment note that the warning is a “moderate positive” for Gilead Sciences. But he added that AbbVie’s Viekira Pak was already expected to be “displaced” by a similar drug from Merck & Co. Inc. next year.

Shares of North Chicago, Illinois-based AbbVie Inc. plummeted $5.56, or 10 per cent, to close at $48.27 in trading Thursday.

Nearly 3 million Americans have the virus, which develops slowly over decades and, if left untreated, can cause liver failure and liver cancer, requiring transplant.

The FDA said in an online posting that AbbVie’s drugs have been linked to multiple cases of severe liver damage  some of them fatal  in patients who already had liver cirrhosis, irreversible scarring of the organ. The agency determined 26 such events were likely related to the drugs, with the liver damage usually occurring within four weeks of starting treatment.

AbbVie said in a statement it is adding a warning to the drugs that they must not be used in patients with moderate to severe liver impairment.

“Patient safety is of the utmost concern to AbbVie,” the company said in an emailed statement.

AbbVie’s drugs are part of a new wave of pill-only combinations that cure more patients and cause fewer side effects than older hepatitis C treatments, which required injections and caused flu-like side effects.

Viekira Pak treats the most common form of hepatitis C, known as genotype 1, which accounts for about 75 per cent of all U.S. cases. Technivie, approved in July, treats one of the least common forms of hepatitis C.

Gilead Sciences initially dominated the space, raking in over $9.4 billion in sales for Sovaldi in its first full-year on the market. The company followed that approval with the launch of a combination pill, Harvoni, to treat a much broader group of hepatitis C patients.

While doctors and patients have embraced the new drugs, insurers have pushed back over their sky-high prices generally $83,000 or more for one course of treatment.

The launch of AbbVie’s pill, Viekira Pak, was welcomed as a much-needed competitor in the field. Since then, providers have been forcing Gilead and AbbVie to compete on price to get preferred standing in their formularies of approved drugs, and have been winning substantial discounts.

Express Scripts, the nation’s largest provider of pharmacy benefits, has thrown its weight behind AbbVie’s drugs, refusing to cover competing products from Gilead and Johnson & Johnson.

Shares of Foster City, California-based Gilead Sciences Inc. rose $5.87, or 5.8 per cent, to close at $107.60.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Headline32 minutes ago

The Sobering Reality of Growing Old

Growing old brings a sobering reality: time is finite.  You watch your body slow down, see your parents age, and...

Lifestyle3 weeks ago

Dr. David Suzuki’s Legacy: A Celebration at 90

Celebrating Dr. David Suzuki’s 90th birthday on Friday, May 22  was a true privilege and a great pleasure! My husband,...

Lifestyle4 weeks ago

What I Know Now About Motherhood

Did you know that a mother’s cells can live in her child’s body for their entire lives? This fascinating phenomenon...

Headline2 months ago

Age with Audacity

At 25, I imagined life at 50 would mean I’d be past my prime and grumpy.  Little did I know,...

Lifestyle2 months ago

Spring Clean Your Body, Mind and Home

Spring has sprung! This season is perfect for spring cleaning, but why stop at our homes?  We can also rejuvenate...

Lifestyle3 months ago

Hear Us Roar

There is absolutely nothing wrong with a woman who wants her happily ever after. I certainly did. After 21 years...

Lifestyle3 months ago

The Real Rich

Margaret Atwood aptly captured this dynamic with the phrase, “Old money whispers, new money shouts.”  Let me elaborate on this...

Headline4 months ago

Love in the Afternoon of Life

Love in later life—the 50s, 60s, 70s, and beyond—is a thriving, fulfilling reality. It offers companionship, improved well-being, and joy,...

Headline4 months ago

Your Most Important Relationship is With Yourself

Valentine’s Day shouldn’t be celebrated only for one day. Love should be celebrated everyday. Valentine’s Day, when expanded beyond romance,...

Headline5 months ago

The 2016 Trend Made Me Reflect On My Past & Present

Like many others, I couldn’t resist joining the 2016 throwback trend.  It was all over social media, with everyone sharing...