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Seizure drugs were the fifth best-selling class of drugs in the U.S. last year, with sales over $10 billion, according to pharmaceutical research firm IMS Health.
GlaxoSmithKline's Lamictal posted sales of $2.2 billion for 2007, while Pfizer's Lyrica had sales of $1.8 billion.
Shares of GlaxoSmithKline rose $1.54, or 4.2 percent, to $37.88. Shares of Johnson & Johnson rose $1.79, or 3 percent, to $59.60, while shares of Pfizer rose 73 cents, or 4.4 percent, to $17.36.
Pfizer said it would work with FDA to update labeling on Lyrica and Neurontin, an older drug which is approved to treat both epilepsy and nerve pain.
"Pfizer hopes that the labeling change will further facilitate important dialogue that should always occur between patients and their doctors."
Physician groups like the American Epilepsy Society pressured FDA in recent months to take a measured approach on the warnings, arguing they could cause more harm than good if patients stop taking the drugs.
Doctors have succeeded in curbing other FDA safety warnings in recent years. In 2004, regulators added a black box warning about suicide to antidepressant drugs. However, FDA scaled back the language last year after psychiatrists said it was causing patients to stop taking their medicines, putting them at even greater risk of suicide.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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