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Isis Pharmaceuticals’ CEO Dr. Stanley Crooke Is Interviewed By Mad Money’s Jim Cramer About Orphan Drug Kynamro (Mipomersen): CNBC Video

October 28, 2012

       The October 18, 2012, FDA Advisory Committee recommends, in a 9-6 vote, Genzyme and Isis Pharmaceuticals’ orphan drug Kynamro (Mipomersen) for the treatment of Homozygous Familial Hypercholesterolemia (HoFH). The recommendation is reached despite concerns about side-effects, such as liver problems and a possible higher risk for cancer. FDA regulators will now have to decide by the end of January 2013, whether to grant final approval.        

       Mad Money’s Jim Cramer interviews Dr. Stanley Crooke, CEO of Isis Pharmaceuticals, about orphan drug Knyamro (Mipomersen) for the treatment of Homozygous Familial Hypercholesterolemia : 

1)  Jim Cramer questions Dr. Crooke about study results for orphan drug Knyamro (Mipomersen) that show that there may be an elevated cancer risk and issues with possible liver problems 

2)  The FDA Advisory Committee approves of Knyamro by a close 9-6 vote, but because of these safety concerns, the company’s stock falls 26%  

3)  Dr. Stanley Crooke explains that the study showed no increase cancer risk in humans and the small findings were “blown out of proportion”.       

References

Orphan Druganaut October 18, 2012 Blog Post titled,”Internet Buzzes on FDA Advisory Committee Meeting (October 18, 2012) for Genzyme’s orphan drug Kynamro (Mipomersen)”

Orphan Druganaut October 17, 2012 Blog Post titled,”Internet Buzzes about posting of FDA Advisory Committee Briefing Documents For Genzyme’s orphan drug Kynamro (Mipomersen)”  

Copyright  © 2012-2013, Ann-Teresa Cusenza and Orphan Druganaut Blog.  All rights reserved.

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