Do More With Reuters
Partner Services

UPDATE 1-Glaxo seeks U.S. approval for anti-nausea drug

Thu May 29, 2008 6:10pm IST
 
Email | Print | | Single Page
[-] Text [+]

(Adds further details, shares)

LONDON, May 29 (Reuters) - GlaxoSmithKline Plc (GSK.L: Quote, Profile, Research) said on Thursday it had submitted its new anti-nausea drug Rezonic for approval in the United States, and presented fresh clinical data supporting the medicine's effectiveness.

Rezonic, which also has the alternative trademark Zunrisa and is known generically as casopitant, is designed to relieve chemotherapy-induced nausea and vomiting. Analysts believe it could eventually generate sales of around $1.5 billion a year.

New clinical data from two Phase III trials demonstrated complete response rates of 86 percent for patients given a single dose of Rezonic, together with the standard dual therapy of Zofran -- an old off-patent Glaxo drug -- and dexamethasone.

Shares in Glaxo were 0.5 percent lower at 11.12 pounds by 1230 GMT, underperforming the European drugs sector , which advanced 0.7 percent. The stock was hit by worries about prospects for another new drug, Promacta, following negative comments from a U.S. Food and Drug Administration reviewer. [ID:nN28424106] (Reporting by Ben Hirschler; Editing by Quentin Bryar)

Pigeons fly in front of Taj Mahal hotel in Mumbai November 26, 2009. Mumbai's police paraded past some of the city's landmarks in a show of strength as India's financial hub marked the first anniversary of militant raids that killed 166 people and ratched up tensions with Pakistan. The hotel was one of the sites of the attacks. REUTERS/Arko Datta
One Year Later

Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and ratcheted up tensions with Pakistan.  Slideshow | Full Coverage 

A supporter of Bharatiya Janata Party (BJP) holds a picture of BJP leader Lal Krishna Advani during an election campaign rally in Balasinor, about 90 km (56 miles) east of Ahmedabad, April 14, 2009. REUTERS/Amit Dave
Liberhan Commission Report

The government published a long awaited report, recently leaked, accusing BJP leaders of a role in the 1992 destruction of the Babri mosque in Ayodhya.  Full Article 

Thierry Henry's handball scandal

Barcelona's Thierry Henry takes part in a training session at Nou Camp Stadium in Barcelona, November 23, 2009. Barcelona and Inter Milan will play their soccer Champions League match on Tuesday. REUTERS/Albert Gea
FIFA to hold meeting

FIFA to hold an extraordinary meeting before World Cup draw to discuss Thierry Henry's handball in the qualifiers and discovery of match-fixing ring by German police.  Full Article