Friday, September 02, 2011

Astra Slides as Drug Falls Short of Rival - WSJ.com

LONDON—AstraZeneca PLC's anticholesterol medicine Crestor failed to beat its top rival, Pfizer Inc.'s Lipitor, in a key clinical trial, hurting chances the British company's top drug can boost its sales when the world's best-selling medicine goes generic and sending its shares lower.

In an effort to differentiate Crestor from Lipitor, AstraZeneca initiated a trial, called Saturn, hoping its drug would have a better impact on patients with clogged arteries, or atherosclerosis, than Lipitor.

Posted via email from Jack's posterous

No comments: