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

No comments: