A few weeks ago, we reported some cryptic news we'd seen floating around the Internet, originating from the financial news wire, Trading Markets, indicating that Wyeth was planning to increase three-fold the number of clinical trials it conducts in Japan this year.
Turns out the report was somewhat inaccurate.
Fortunately, today, Gerald Burr, the company's vice president for scientific communications, set the record straight.
The company has significantly increased the number of clinical trials that it initiates in Japan, and is running them simultaneously with trials in the U.S. and Europe, breaking with past tradition, where trials were first launched in the U.S. and Europe.
Currently, Wyeth has:
12 compounds in Phase I trials
7 compounds in Phase II
and 6 compounds in Phase III (including some products that had been approved in the U.S. and Europe).
Compounds undergoing trials run the gamut of Wyeth's therapies, and include treatments for:
- cardiovascular disease
- cancer
- Alzheimer's disease (2)
- rheumatoid arthritis
- muscular dystrophy
- endometriosis