STOCK PRICE FALLS ON NEW QUESTIONS OVER
DISAPPOINTING VACCINE RESULTS
By Paul Jacobs
Mercury News
VaxGen executives stood firm Thursday
under mounting criticism from scientists who questioned the way the biotech
company analyzed its results finding its AIDS vaccine may protect blacks and
Asians more than others.
One academic consultant to VaxGen, while
not ruling out that there may be racial and ethnic differences in response to
the vaccine, said Thursday that the company should have corrected its findings.
A corrected analysis suggests that the vaccine's protective effect in minority
volunteers could be much smaller than the company's estimate and possibly
non-existent, he said.
It could be a real effect, or it could
be a fluke, said Steven G. Self, a biostatistician of the Fred Hutchinson
Cancer Research Center and University of Washington in Seattle. It's
interesting enough to look at and find out which it is.
But he said it was premature for the
company to take the results to the Food and Drug Administration in an effort to
license the vaccine for use by specific ethnic or racial groups.
The Brisbane company,
responding to criticisms published in Science magazine and elsewhere, stood by
its statistics Thursday: The results VaxGen reported on Monday remain accurate
as stated, and the analysis continues.
Earlier this week, VaxGen announced that
the first large test of its AIDSVAX vaccine in more than 5,000 volunteers,
mostly gay men, showed that the vaccine failed overall to offer protection
against the human immunodeficiency virus or HIV, which causes AIDS. Altogether,
5.7 percent of those who received the vaccine became infected over the course of
three years compared to 5.8 percent of those who got dummy shots, or placebos.
The difference was not statistically significant.
But the company reported that the vaccine
showed a significant reduction in infections among certain vaccinated groups --
a 67 percent lower rate among non-Hispanic minorities, and 78 percent lower
among blacks.
Four AIDS advocacy groups issued a
statement accusing the company of playing the numbers game to serve the
commercial interests of the company. Central to their argument are the small
numbers of non-Hispanic minorities in the study -- just 498 -- and the even
smaller number of HIV infections, just 13 among 314 black participants and four
among Asians.
Self and other statisticians say that the
small numbers limit what they call the power, or the reliability, of the
findings.
Among the blacks who were infected were
four women, who all received placebos and not the vaccine -- from a Chicago test
site.
That raises the possibility that at least
some of the apparent effectiveness of the vaccine in minorities is the result of
gender and not race, says Neil J. Risch, a professor of genetics at Stanford
University.
My opinion is they did not study enough
African-Americans, he said. The results don't prove that there was an effect,
he said, but they do suggest the need for further study.
For their part, shareholders continued to
demonstrate their disappointment. VaxGen shares were battered Thursday for the
fourth day in a row, closing at $4.25, down 12 percent for the day and 67
percent for the week.
Contact Paul Jacobs at pjacobs@sjmercury.com or (530) 756-0236.
ALL INFORMATION, DATA, AND
MATERIAL CONTAINED, PRESENTED, OR PROVIDED HERE IS FOR GENERAL INFORMATION
PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS REFLECTING THE KNOWLEDGE OR OPINIONS
OF THE PUBLISHER, AND IS NOT TO BE CONSTRUED OR INTENDED AS PROVIDING MEDICAL OR
LEGAL ADVICE. THE DECISION WHETHER OR NOT TO VACCINATE IS AN IMPORTANT AND
COMPLEX ISSUE AND SHOULD BE MADE BY YOU, AND YOU ALONE, IN CONSULTATION WITH
YOUR HEALTH CARE PROVIDER.
"A foolish faith in authority is the worst enemy of truth."
-- Albert Einstein, letter to a friend, 1901
"I know of no safe depository of the ultimate powers of the society but the people themselves, and if we think them not enlightened enough to exercise control with a wholesome discretion, the remedy is not to take it from them, but to inform their discretion by education."
-- Thomas Jefferson, letter to William C. Jarvis, September 28, 1820
"What's the point of vaccination if it doesn't protect you from the unvaccinated?"
-- Sandy Gottstein
"Who gets to decide what the greater good is and how many will be sacrificed to it?"