Thursday, July 13, 2006

AstraZeneca - Crestor; introducing new, improved "Crestorin"


Back story here on the Crestor combo development with Abbott.

What he said:

Tony Zook, AstraZeneca's North American executive vice president, said: "We are excited by the opportunity this collaboration brings to serve an important area of patient need. This represents an important further step in broadening the full, long-term potential of Crestor for the treatment of lipid disorders."

One possible translation:

We are getting our asses kicked by Vytorin and dont have a chance of making the 20% market share we promised the shareholders. A combo is my last hope of keeping my job!

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