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Merck, Ariad’s Drug Fails to Win Approval to Treat Sarcoma

Merck & Co. (MRK) and Ariad Pharmaceuticals Inc. (ARIA) failed to win U.S. regulatory approval for a treatment that is supposed to slow a rare type of cancer in bone and soft tissue for patients who have already undergone chemotherapy.

The Food and Drug Administration said more clinical trials are needed to further assess safety and efficacy, Merck, based in Whitehouse Station, New Jersey, said in a statement today. The drug would compete with GlaxoSmithKline Plc (GSK)’s Votrient, a kidney-cancer pill that won approval April 26 for expanded use on patients with soft-tissue sarcomas who have had chemotherapy.

Votrient kept sarcoma from spreading in soft tissue three months longer than placebo. The medicine from Merck and Cambridge, Massachusetts-based Ariad, chemically known as ridaforolimus, stopped progression of the cancer three weeks longer than placebo. Patients in clinical trials experienced heart, kidney and liver disorders.

“Merck remains confident in the potential of ridaforolimus,” Eric Rubin, vice president of clinical research oncology at Merck, said in the statement. “We will continue to work closely with the FDA to define potential paths forward for this investigational therapy.”

There are about 50 types of soft-tissue sarcoma, cancers that arise in connective or supportive tissues such as bone, muscle or fat, according to the American Cancer Society. Most sarcomas are in the arms and legs or internal organs, according to the National Cancer Institute.

Treatment Options

The median survival of patients diagnosed with soft-tissue sarcoma that is spreading is about a year, according to FDA documents. Prior to Votrient’s approval, chemotherapy was the only treatment option for the tumors outside of the stomach and intestines, which are diagnosed in about 10,000 patients a year.

Ridaforolimus from Merck and Ariad also is intended to treat sarcoma tumors in bone. About 2,500 new cases of that cancer are diagnosed each year, according to the University of California, San Francisco.

Merck is responsible for the development and worldwide commercialization of ridaforolimus in oncology, while Ariad has co-promotion rights in the U.S.

Sanofi (SAN), France’s biggest drugmaker, and Johnson & Johnson (JNJ), the world’s largest health-products company, are among others developing sarcoma treatments, according to Bloomberg Industries.

To contact the reporter on this story: Anna Edney in Washington at aedney@bloomberg.net

To contact the editor responsible for this story: Romaine Bostick at rbostick@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Personal Finance Best Sellers From Amazon

Key Rates

  • Mortgage
  • Home Equity
  • Savings
  • Auto
  • Credit Cards
Today’s national average mortgage rates. Rates may include points.
Type Today 1 Mo
30 Year Fixed Jumbo 3.99% 3.94%
30 Year Fixed 3.66% 3.52%
15 Year Fixed 2.79% 2.77%
10 Year Fixed 2.89% 2.98%
30 Year Fixed Refi 3.64% 3.51%
15 Year Fixed Refi 2.79% 2.74%
5/1 ARM 2.59% 2.65%
5/1 ARM Refi 2.60% 2.60%
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Source: Bankrate.com

Today’s average home equity rates nationwide.
Type Today 1 Mo
$30K HELOC 5.34% 5.24%
$50K HELOC 4.56% 4.60%
$75K HELOC 4.57% 4.53%
$100K HELOC 4.27% 4.26%
$30K Home Equity Loan 5.97% 6.07%
$50K Home Equity Loan 6.01% 6.01%
$75K Home Equity Loan 5.97% 5.97%
$100K Home Equity Loan 5.84% 5.84%
View rates in your area »

Source: Bankrate.com

Today’s average savings rates nationwide.
Type Today 1 Mo
5 Year CD 1.23% 1.22%
2 Year CD 0.70% 0.66%
1 Year CD 0.57% 0.52%
MMA $10K+ 0.47% 0.50%
MMA $50K+ 0.69% 0.71%
MMA Savings Jumbo 0.59% 0.60%
View rates in your area »

Source: Bankrate.com

Today’s average auto loan rates nationwide.
Type Today 1 Mo
60 Months Used Car 2.98% 2.94%
48 Months Used Car 2.93% 3.13%
36 Months Used Car 2.89% 2.96%
72 Months New Car 2.43% 2.98%
60 Months New Car 2.54% 2.68%
48 Months New Car 2.45% 2.59%
60 Months Auto Refi 4.15% 4.37%
36 Months Auto Refi 3.61% 3.77%
View rates in your area »

Source: Bankrate.com

Today’s average credit card rates nationwide.
Type Today 1 Mo
Standard Variable 14.12% 14.12%
Standard Fixed 13.23% 13.23%
Gold Variable 12.70% 12.70%
Gold Fixed 11.99% 11.99%
Platinum Variable 15.53% 15.46%
Platinum Fixed 12.70% 12.70%
View rates in your area »

Source: Bankrate.com