The FDA just approved Effient , a blood thinner that will compete against the megablockbuster Plavix. The initial approval is for patients who undergo angioplasty (and typically get a stent) to unclog one or more arteries around the heart. Effient will carry a boxed warning alerting doctors and patients to the risk of serious bleeding associated with the drug. The FDA’s approval isn’t just a big win for Eli Lilly. It’s also a boost for Daiichi Sankyo, which discovered the drug and will co-market it in the U.S. with Lilly. Japanese companies have been responsible for several big cardiovascular drugs. Sankyo, one of the two companies that merged to form Daiichi Sankyo in 2005, discovered the cholesterol-lowering drug pravastatin, which was sold in the U.S. as Pravachol by Bristol-Myers Squibb. (Bristol, by the way, co-markets

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Approval of Effient, a Plavix Rival, Boosts Japanese Drug Maker


John


