Amylin said sales of the twice-daily injectable diabetes treatment Byetta fell 20 percent to $140.7 million while sales of diabetes medication Symlin accounted for $21.8 million in revenue. The company's partner on the diabetes treatment Byetta is Eli Lilly & Co.
So Byetta makers are set to give Byetta a makeover.
Now the FDA is currently reviewing Bydureon, a once-weekly version of the twice-daily Byetta injection. Eli Lilly is a partner on that drug. As well, at the end of June 2010, Lilly announced final results from a retrospective study including more than 260,000 patients that showed the risk of acute pancreatitis among Byetta users was not increased compared to those patients using other antidiabetic therapies.
READ MORE BYETTA LEGAL NEWS
In the fall of 2007, Amylin agreed to add information about pancreatitis to the "precautions" section of the Byetta label after the FDA reported 30 post-marketing reports of acute pancreatitis associated with the drug. "It is pretty obvious that the label change in 2007 was not adequate," said Mr. Deleon's attorney, who also believes that "Amylin possessed data prior to the 2007 label revision that justified a stronger and more prominent warning than the precaution language that Amylin ultimately negotiated with FDA." It will be interesting to see what happens with Bydureon--the FDA is expected to make a decision on the drug by Oct. 22.