News
12 Jul 2011
EU Extends Pfizer's Exclusivity for Drug Lipitor
Pfizer has received extended exclusive rights to sell cholesterol-lowering drug Lipitor until May 2012.
The EU has extended Pfizer's exclusive rights to sell cholesterol-lowering drug Lipitor until May 2012 in a deal that could earn it $800m.
The US pharmaceutical company will, in exchange, provide a modified form of the drug to a few thousand children.
Lipitor is primarily prescribed to adults with high levels of cholesterol, but is also given to a small number of children who have an inherited condition called familial hypercholesterolaemia, estimated to affect one in every 500 caucasians.
Pfizer has sought a supplementary protection certificate in most EU countries, extending its monopoly over supplies and pricing of Lipitor.
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