Investors have been hoping that the Improve-It trial could revive fortunes for the products, whose prospects are even more challenged now that Pfizer Inc's blockbuster Lipitor statin is available as a low-cost generic.
In the Improve-It study, patients with acute coronary syndrome are being given either Vytorin or Zocor, which is now available as a generic and is also known as simvastatin. The study is examining whether Vytorin reduces risk of death, heart attacks and strokes.
The safety monitors conducted the interim analysis after the trial reached 75 percent of the 5,250 clinical events called for in the design of the study. The study is projected to finish in 2013, but Merck said the timeline may change depending on the rate of clinical events.
Sanford Bernstein analyst Tim Anderson said positive results would probably somewhat reignite sales of Vytorin and Zetia, and vindicate Merck, which was harshly criticized in the wake of the Enhance results. But Anderson doubted positive results would significantly boost Merck's share price given Lipitor's availability as a generic and competition from AstraZeneca's Crestor.
- Link this
- Share this
- Digg this
- Email
- Reprints
0 comments:
Post a Comment