Novartis Files Judicial Review against Avastin

.

Novartis Files Judicial Review against Avastin

It has been recently revealed that some local health authorities in the south of England are using economic eye drop, known as Avastin, for the wet age-related macular degeneration (AMD) problem. The drug is in fact not licensed for eye use, and has raised concerns among the authorities concerned.

As soon as Swiss drug maker Novartis got to know about the issue, which provides eye drug known as Lucentis in Britain, they are spreading the difference between the two and have been challenging the cheap alternative.

Lucentis is approved by the National Institute for Health and Clinical Excellence, and has been recommended by all doctors. Its annual sales for Novartis are about $2 billion, said experts, who have been raising concerns about the cheap alternative.

It is suspected that the drug Avastin does not cost much and this is the reason that it is given to people, who cannot afford expensive medicines for eyes. Experts are of the view that the cheap alternative is not even recommended by the National Institute for Health and Clinical Excellence.

Novartis said that they are going to initiate a judicial review of the policy in Southampton, Hampshire, Isle of Wight and Portsmouth, and trying their best that people stop taking such cheap alternatives. They further affirmed that people are just thinking about the cost, and are not thinking about the harm they are doing to their eyes.

“It is unacceptable to put the safety of patients at risk through the widespread use of an unlicensed treatment when a licensed medicine is available”, said Novartis. However, industry experts are of the view that companies like Novartis has not right to take decisions for other available drugs.


Latest News

Brooklyn-based Etsy, the Online Craft Retailer Files for IPO
2009 Transcripts of Fed’s Meetings Released on Wednesday
Orexigen Therapeutics Inc’s Anti-Obesity Drug Contrave, May Benefit Cardiovascul
Bad Weather and Labour Dispute at West Coast Ports Slow Auto industry But It Sti
In Order to Cut Costs, Target to Trim Thousands of Jobs
Lumber Liquidators Holdings Inc. say Their Products are Safe for Use, Stocks of
Online Pollution Documentary Gets Huge Audience in China in Just Two Days
Patrick Harker Named as Plosser’s successor by the Philadelphia Fed
Official manufacturing Index of China Moves Up
Walmart Wage Hike to Create a Ripple in the Other Industries
NXP Semiconductors to buy Smaller Peer Freescale Semiconductor
Minimum Wage for Tipped Workers Raised in New York