Pink Sheet is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

SCHERING's INTRON-A GENERATES $1.8 MIL. SALES IN FIRST MONTH

Executive Summary

SCHERING's INTRON-A GENERATES $1.8 MIL. SALES IN FIRST MONTH of marketing following the recombinant alpha-interferon product's June 4 approval, Schering-Plough Chairman Robert Luciano told a recent analysts meeting in New York. "It's important for you to note that we hit the ground running with the launch of Intron-A," Luciano said, "making the first shipment within 24 hours of the approval." To help market Intron-A in the U.S., Schering has formed a 28-person specialized cancer sales force. "In the U.S. we have created a sales team of specialists in the anticancer and antiviral fields," Luciano noted, "who will function as product consultants, providing comprehensive information about protocols, new drugs and prescribing." The approximately 30-person anticancer/antiviral detail force is in addition to Schering's 800-plus regular sales people in the U.S. In addition to Intron-A, Schering has another anticancer agent, Eulexin (flutamide), emerging from the pipeline. Used as concomitant therapy with an LHRH analog in prostatic cancer, flutamide is currently marketed in 13 countries and an NDA is pending in the U.S. Luciano predicted that flutamide sales will reach $15 mil. outside the U.S. in 1986. FDA approval of Eulexin will likely be held up until completion of an ongoing National Cancer Institute study, Luciano said. "The drug will not . . . be approved in this country until the FDA has had an opportunity to review the data generated by the NCI study, which completed patient enrollment last May," he told the analysts. Schering has two compounds approaching the NDA filing stage in the U.S. Luciano said the company is on track to file an NDA for its vasodilating beta blocker dilevalol "later this year." Also in Phase III clinicals is the once-a-day, nonsedative antihistamine loratadine. Luciano reported that further back in the R&D pipeline, two compounds developed by Schering's DNAX subsidiary have been targeted for "fast-track" development -- granulocyte macrophage colony stimulating factor and interleukin-4. "Testing, soon to commence with animal models, will tell us more about how these substances work," Luciano said. Neither T-cell factor protein has reached human clinicals yet. The company is budgeting $200 mil. for R&D in 1986, up about 14% from 1985 when Schering spent $175 mil. Schering said its consolidated research expenditures with Key "should total more than $211 mil." this year.
Advertisement
Advertisement
UsernamePublicRestriction

Register

PS010514

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel