Actos gains market share at Avandia's expense

Share this article:

Sales of Takeda's diabetes drug Actos rose 13% in the two weeks after the Cleveland Clinic issued a report suggesting competitor GlaxoSmithKline's Avandia raised the risk of heart attacks by 43 %.


The number of prescriptions for Avandia fell to 151,807 in the week ending June 1, according to Wolters Kluwer Health cited by Bloomberg News. By contrast, Actos prescriptions rose to 265,723 the last week of May.

The FDA has asked both GSK and Takeda to strengthen warnings on their drugs' labeling about the risk of heart failure.

Since then, shares of Takeda have fallen 4.6% on the Tokyo Stock Exchange, while Glaxo shares recouped some of their loss, rising 2.2 % in London.

Avandia, designed to treat Type 2 diabetes is GSK’s second-best selling drug with $3.3 billion in global sales last year. Actos, with global sales of $2.8 billion, accounted for a quarter of Takeda's revenue last year and was the company's best seller.

Share this article:

Email Newsletters

More in News

BI rethinks hepatitis business, posts 2013 results

BI rethinks hepatitis business, posts 2013 results

Boehringer Ingelheim says it is no longer pursuing an interferon-free combination of faldaprevir and deleobuvir.

Roche wraps quarter with two fewer pipeline medications

Roche wraps quarter with two fewer pipeline medications

Roche also announced first-quarter sales shrank 1%.

2013 favored specialists, specialty Rx

2013 favored specialists, specialty Rx

The latest IMS Institute for Healthcare Informatics assessment of 2013's prescription drug use shows that 2.3% of prescriptions account for 30% of a patient's out-of-pocket prescription costs.