Glaxo climbdown over Seroxat trials

13 April 2012

BATTERED by accusations of a cover up of clinical data, GlaxoSmithKline has agreed to release summaries of studies examining the safety and efficacy of a key anti-depression drug.

The pharmaceuticals giant will use its website to publish details of nine clinical trials of Seroxat given to children and adolescents.

GSK's climbdown follows last week's lawsuit by New York Attorney General Eliott Spitzer. He claims that GSK withheld information showing that Seroxat can prompt suicidal tendencies in some youngsters.

At best, the drug is little better than a placebo for non-adults, according to Spitzer's action.

He accused GSK of 'persistent fraud' and is seeking the return of all profits earned on Seroxat sales to children, as well as unspecified damages.

City analysts estimate damages at £200m - manageable for a company that made £6.3bn profits last year. But should Spitzer succeed, ensuing class action lawsuits from patients could cripple GSK. Seroxat earned £290m in the first quarter of this year.

GSK maintains that it has disclosed all relevant trial information to regulators. It insists that today's about face is simply an effort to ensure transparency.

'The data have been available to the healthcare world, which is the standard approach,' said a spokesman. However there appears to be 'a need for more clarity', he added.

In the UK, the Medicines and Healthcare Products Regulatory Agency has been investigating Seroxat for the past year.

Create a FREE account to continue reading

eros

Registration is a free and easy way to support our journalism.

Join our community where you can: comment on stories; sign up to newsletters; enter competitions and access content on our app.

Your email address

Must be at least 6 characters, include an upper and lower case character and a number

You must be at least 18 years old to create an account

* Required fields

Already have an account? SIGN IN

By clicking Create Account you confirm that your data has been entered correctly and you have read and agree to our Terms of use , Cookie policy and Privacy policy .

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in