US pharmaceutical giant Pfizer is seeking to introduce an over-the-counter version of its top-selling heart drug Lipitor, The Wall Street Journal reported on Wednesday, citing unnamed sources.US regulators would need to approve the company's plan to sell the popular anti-cholesterol drug without a prescription, though, and such approval is uncertain, the newspaper said in an article published on its website.Selling an over-the-counter version of Lipitor could help Pfizer's bottom line as the company faces a "patent cliff" that threatens to erode profits during the next few years.Lipitor will lose patent protection and face competition from cheap generic copycats in the United States starting in November. Pfizer has already lost exclusive rights to sell the drug in Canada, Spain, Brazil and Mexico.The company reported on Tuesday that its revenues in the second quarter fell one percent from a year ago to $17.0 billion.Pfizer's shares were up 0.3 percent in after-market trading following the release of The Wall Street Journal's report.
GMT 18:35 2018 Thursday ,11 January
Syrian refugee sets himself ablaze at UN office in LebanonGMT 18:48 2018 Tuesday ,09 January
Novo Nordisk woos Belgian nano-drug makerGMT 17:54 2017 Wednesday ,27 December
Medical evacuations begin from besieged Syria rebel bastionGMT 12:14 2017 Monday ,25 December
MoHAP successfully conducts cochlear implant operationGMT 18:24 2017 Sunday ,24 December
Palestinian conjoined twins arrive in RiyadhGMT 19:05 2017 Monday ,18 December
new! magazine names fitness & food editorGMT 17:03 2017 Wednesday ,29 November
Spain reports case of 'mad cow disease'GMT 14:05 2017 Saturday ,11 November
EU can't agree on new licence for controversial glyphosate weedkillerMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor