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Wyeth Effexor Promotions Cited For Superiority Claims In FDA Letter

This article was originally published in The Pink Sheet Daily

Executive Summary

The ad division letter follows an Office of Personnel Management Inspector General investigation into Wyeth's Effexor marketing practices. FDA asserts that Wyeth's claims of superiority to SSRIs are unsubstantiated.

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Effexor Script Growth Will Double Antidepressant Market Rate, Wyeth Predicts

Effexor XR scripts grew 4% in the third quarter, compared to 2% growth for the category, Wyeth says. Sales of the antidepressant franchise jumped 46% in the U.S. in the third quarter. The company predicts “black box” class warning will not significantly impact Effexor, which is not advertised on TV.

Effexor Script Growth Will Double Antidepressant Market Rate, Wyeth Predicts

Effexor XR scripts grew 4% in the third quarter, compared to 2% growth for the category, Wyeth says. Sales of the antidepressant franchise jumped 46% in the U.S. in the third quarter. The company predicts “black box” class warning will not significantly impact Effexor, which is not advertised on TV.

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