A US Senate committee has alleged that UK drugs giant GlaxoSmithKline's diabetes drug Avandia (rosiglitazone) poses increased risk of heart attacks, a conclusion which has been rejected by the company, and also criticizes the nation's drug regulatory body.
The 334-page, based on a two-year enquiry of the drug that was and issued on Saturday (February 20) also criticized the US Food and Drug Administration, saying that medications overlooked or overrode safety concerns found by its staff and claimed that GSK is aware of the possible cardiac risks associated with the diabetes drug, which generated sales of £771 million ($1.19 billion, down 16% on 2008, for the drugmaker last year.
Avandia sales already falling away
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