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Effects of new strategy on generic drugs unclear
Generic drugs are always cheaper than brand-name drugs, right? At least that's what we're told.
Paul Wenske in Your Corner - in Your Corner: Effects of new strategy on generic drugs unclear
Generic drugs are always cheaper than brand-name drugs, right? At least that's what we're told.
The Business Week in Review
... third-quarter earnings. A Florida man gets 8 years behind bars for his role in the manufacture and sale of fake Lipitor, the cholesterol-reducing drug from Pfizer. Wednesday Existing home prices slide for the sixth straight month in September. An ...
European Patent Office Supports Validity of Lipitor Patent
Pfizer Inc said today that the European Patent Office has issued anopinion upholding, in its entirety, the company's calcium salt patentcovering Lipitor.
Will you use Wal-Mart?
Wal-Mart Stores Inc. launched its $4 generic drug program in Virginia on Thursday at its 93 stores.
Wal-Mart selling $4 generics in Va.
' Wal-Mart Stores Inc. launched its $4 generic drug program in Virginia on Thursday at its 93 stores.
$4 drugs a bargain, but not a cure-all
Wal-Mart's march into Georgia with its $4 generic drug pricing could bring some relief from high prescription drug costs.
US ruling not to affect product launch: Ranbaxy chief
Faced with the ongoing legal battle with US pharmaceutical major Pfizer on its cholestrol-lowering drug Lipitor in as many as 17 countries, including the US and UK, Ranbaxy Laboratories' CEO and MD Malvinder ...
Glaxo, AstraZeneca Suffer Setbacks in Experimental Treatments; Shares Drop
... profit gains. Separately, Bristol-Myers Squibb Co.'s third-quarter net income fell 65 percent after cheap generic copies of its best- selling drug, Plavix, flooded the U.S. market. Profit beat analysts' estimates, and the New York-based drugmaker ...
Drug delay casts doubt on Pfizer's growth plan
WASHINGTON Pfizer's potential blockbuster drug torcetrapib may be delayed until 2011, clouding plans to make up the income from the top- selling cholesterol medicine Lipitor when its patent expires.
Pfizer's Torcetrapib Cholesterol Medicine May Face Delay in U.S. Approval
Pfizer Inc.'s potential blockbuster drug torcetrapib may be delayed until 2011, clouding plans to replace top-selling cholesterol medicine Lipitor when its patent expires.
Generic drugmakers bursting with impatience
Medicines worth $40bn in the US and $25bn in Europe stand to lose patent protection in the next two years, but impatient Indian generic drugmakers are pushing to accelerate the pace through patent challenges.
Pfizer Wins on Lipitor
... denied a rehearing on the patent case for atorvastatin, the active ingredient in the top-selling cholesterol drug Lipitor. As a result, the pharmaceutical company will keep its exclusivity on the patent for atorvastatin until 2010 and is not in ...
US court`s no to Ranbaxy plea on Lipitor
The petition of Ranbaxy Laboratories Ltd., generic drug maker and India's largest pharma company by sales, has been denied a hearing by the US Court of Appeals in the ongoing Lipitor patent litigation.
Business Briefcase
... light trucks, the Seoul-based company said. No generics: Pfizer Inc. won an appeals court ruling that keeps generic copies of its cholesterol drug Lipitor off the market until 2010. The U.S. Court of Appeals for the Federal Circuit Monday ...
Lipitor Patent Ruling
Pfizer , the pharmaceutical company, won an appeals court ruling yesterday that will keep generic copies of its best-selling drug Lipitor off the market until 2010.
Lilly, Daiichi Sankyo Say Blood-Clot Drug Outperforms Bristol's Plavix
... billion in global sales last year, including $3.8 billion in the U.S. Apotex Inc., based in Weston, Ontario, sold generic copies of the drug for three weeks in August, and is awaiting a federal court's decision next week about whether it can resume ...
Merck, Schering-Plough profit from cholesterol pills
... recover from the end of patent protection on top-selling medicines. Schering-Plough had a loss in 2004 because of generic competition to the Claritin allergy pill. Merck also had to withdraw the painkiller Vioxx in 2004 because of a link to heart ...
Merck, Schering-Plough Get Boosted After Beating Forecasts
... that sales of our cholesterol joint venture have continued to grow this year, even with the U.S. introduction of new generic statins," said Hassan. Vytorin competes against Crestor, Lipitor and Zocor. Merck also owns Zocor, which achieved worldwide ...
Commentary] October 17, 2006
... will expire in 2007. The patent on allergy drug Zyrtec will also expire next year. Pfizer's flagship product, Lipitor, the world's best-selling drug bar none, came under pressure from simvastatin, the generic version of Zocor. ...