Looking beyond the spin of Big Pharma PR. But encouraging gossip. Come in and confide, you know you want to! “I’ll publish right or wrong. Fools are my theme, let satire be my song.” Email: jackfriday2011(at)hotmail.co.uk
Thursday, August 31, 2006
Pfizer - Celebrex: making a silk purse out of a sows' ear
Poor Pfizer.
Despite Vioxx, they have not given up on their coxib painkiller Celebrex.
They must be desperate for products to promote!
Annual sales are expected to top $2 billion this year after falling to $1.7 billion last year. Sales were at $3.3 billion in 2004.
Yet, the likelihood that Celebrex will again be a $2 billion-a-year drug surprises Sharon Levine, a physician and associate executive director of the 6,400-member doctor group that cares for Kaiser Permanente customers in Northern California.
"I'm stunned," she says. "Given its modest benefit as a pain reliever and its modest theoretical benefit for gastrointestinal protection ... it's an expensive choice in a category where there are many others."
Not many Kaiser patients were on COX-2s before the Vioxx withdrawal, she says. Now, Kaiser doctors put even fewer patients, less than 1%, on Celebrex, she says.
Nationwide, Celebrex captured 9.3% of new prescriptions among arthritis drug users in July, says market researcher Verispan.
More at USA Today
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