Panacur doesn't work? Doesn't work for what? What species of worms were you trying to treat? Did you identify the eggs by species, or did you just see eggs and start using Panacur? How did you determine the proper dosage and dosing intervals? What were the protozoans you were treating and what did you eliminate them with? If you can't specifically identify the eggs/oocysts that you see, then treatment is at best a hit and miss affair.
I'm sure that Hoechst-Roussel didn't run the tests and say "Damn, that Panacur stuff didn't kill a thing..let's get it on the market, quick!" I've used Panacur many, many times as well as Strongid, Ivomec, and Droncit. Used properly and in conjunction with good cage sanitation they all work quite well for what they are intended.
Panacur works quite well for most intestinal nematodes as well as some protozoans. And, by the way, it DOES kill them. Strongid also works very well for some intestinal nematodes. Which one you use depends on what you are going after.
Just because it didn't work for you on one occasion doesn't mean it never works. There are a lot of variables, including dosing, species of parasite, cage sanitation (reinfection), dosing interval, method of delivery, etc. Panacur doesn't work particularly well from my experience if you put it in the animal's food, for instance. That seems to have a deleterious effect on absorbtion. It is much better delivered by stomach tube. If you are fighting Strongyloids, nothing will work if you don't keep the cage scrupulously clean because they will quickly reinfect the animal from infective larvae in the feces in the bottom of the cage. Same deal with Coccidians.
In heavy infestations, elimination isn't an overnight thing with any drug. It's not like you dose once with any drug and all the worms, eggs and larvae are killed instantly. It may be that you actually reduced the load each time you dosed with Panacur, but because you weren't doing differential flotation and egg counts you didn't realize it. Then you switched to Strongid and just finished the job that the Panacur would have finished anyway if you had kept up dosing.