Over-the-counter Lipitor

November 2, 2011

PFIZER CEO, Ian Read, has said the company will introduce an overthe- counter version of Lipitor to offset the loss of the drug’s patent at the end of the month. “There is an intent at some point to have an OTC version of Lipitor in the marketplace,” said Read. The drug however would not be available to the public until at least 2013 due to regulatory processes. MEANWHILE the company’s third quarter results saw it record revenues of $17.2b, an increase of 7% year on year, with net income of $3.74b up from $866m on 2010 third quarter tallies. “I am very pleased with our financial performance despite the impact of product losses of exclusivity totalling approximately $950 million this quarter and the challenges posed by current global market and economic conditions,” Read said.

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Pharmacy Daily | Over-the-counter Lipitor

Over-the-counter Lipitor

Other recent headlines

Expanded kids vax in Tas

GLP-1 RAs work better for women

PSA recognises NSW excellence

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES