Wednesday, July 25, 2007

Pfizer - Exubera: Oh Dear!

When Pfizer introduced Exubera, the first ever inhalable insulin product for people with diabetes, the New York-based drug giant estimated it would be a $2 billion-a-year blockbuster.

On July 18, a full year after launching Exubera, Pfizer disclosed the product's quarterly sales for the first time: An anemic $4 million.

Now the company has debuted a massive DTC ad campaign that some on Wall Street are calling a Hail Mary pass to jump-start Exubera sales.

BusinessWeek

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