Genentech Inc. and Alkermes Inc. said Tuesday that they would stop making Nutropin Depot, a long-acting treatment for growth hormone deficiency in children, in a move that Alkermes said would reduce its revenue for the year.
The companies said it was too costly to continue making and marketing the product.
Nutropin Depot, approved in 1999 by U.S. regulators, is a form of the human growth hormone somatropin. Genentech, based in South San Francisco, said it would continue to sell the rest of its Nutropin line. Sales of the biotech giant's five growth hormone products were $322 million last year, of which 5% was from Nutropin Depot.