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Examples
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It had recently bought a drug called Vancocin from Eli Lilly.
Jim Cramer's Mad Money James J. Cramer with Cliff Mason 2006
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It had recently bought a drug called Vancocin from Eli Lilly.
Jim Cramer's Mad Money James J. Cramer with Cliff Mason 2006
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It had recently bought a drug called Vancocin from Eli Lilly.
Jim Cramer's Mad Money James J. Cramer with Cliff Mason 2006
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It had recently bought a drug called Vancocin from Eli Lilly.
Jim Cramer's Mad Money James J. Cramer with Cliff Mason 2006
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"Our recent communications with the FDA regarding the approval process for a potential generic competitor to Vancocin lead us to believe a generic could enter the market 1-2 years sooner than current expectations."
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Experts say the time release characteristics would be even more difficult to replicate in a generic version of Vancocin, where the concern is not just about how much of the drug is released into the blood stream but rather in one specific section of the GI tract.
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"Previously, generic manufacturers may not have been interested in developing this therapeutic due to its low revenue potential; however, with the recent sales growth of 133 percent in 2005, Vancocin is now on the radar screen," an Infinium analyst told Medindia.
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Another case of leaking occurred on March 1, 2006, when the FDA sent a letter to the Canadian investment firm, Infinium Capital, that said the agency would allow testing for a generic version of Vancocin, marketed by ViroPharma, to be conducted in a test tube.
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The leaking of information in the Vancocin case is reminiscent of a major scandal that erupted during the first Bush Administration in 1989, when FDA officials were charged with taking bribes from generic makers and sharing insider information.
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But if diarrhea continues and becomes severe, Vancocin is a treatment of last resort for very sick patients which means there is no room for error.
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