When did Lipitor go generic?

When did Lipitor go generic?

Nov. 29, 2011 — The cholesterol-lowering drug Lipitor — the best-selling prescription drug in world history — will be available as a generic drug beginning Nov. 30.

Was Lipitor taken off the market?

The Class III recall of atorvastatin, a generic version of popular cholesterol med Lipitor, kicked off Feb. 19 and covers 10,440 90-count bottles and 224,710 500-count bottles, both of which contain 40-mg tablets of the drug, according to an FDA enforcement report.

Who patented Lipitor?

Bruce Roth
Bruce Roth, the inventor of Lipitor, calls the people who make those tough decisions ‘drug hunters’ and says that it takes between 10 and 15 years to train them.

Is there a lawsuit against Lipitor?

The two lawsuits claim that Lipitor caused lasting, debilitating muscle and nerve problems — including memory loss. Mark Jay Krum, a lawyer based in New York and Philadelphia, last Wednesday filed the suits in New York State Supreme Court on behalf of patients in New York and Atlanta.

What is the generic brand for Lipitor?

Generic Lipitor is called atorvastatin or, sometimes, atorvastatin calcium.

Is generic Lipitor as good as Lipitor?

A 2017 study compared Lipitor to generic drugs with the same formulation in patients with hyperlipidemia and found the same to be true. Generic atorvastatin was just as effective as Lipitor at lowering triglycerides, total cholesterol, and LDL cholesterol (Loch, 2017).

Why did Lipitor get recalled?

Pfizer voluntarily recalled specific bottles of Lipitor (40 mg only) due to reports of an unusual odor. As medical tests have determined that the unusual odor was unlikely to cause an adverse reaction, the Lipitor recall doesn’t seem to have any serious consequences for patients.

Is there a recall on atorvastatin 2020?

Nearly 30,000 bottles of 10-mg atorvastatin calcium tablets are being recalled by Graviti Pharmaceuticals after a customer reported finding a 20-mg tablet in a bottle, according to the February 12, 2020, US Food and Drug Administration (FDA) Enforcement Report.

How much did Pfizer make from Lipitor?

During 2019, Pfizer’s Lipitor generated nearly two billion U.S. dollars of revenue. For around a decade cholesterol-lowering drug Lipitor was one of the company’s top blockbusters, with record-high revenues of approximately 13 billion U.S. dollars in 2006.

Why is Lipitor been recalled?

What can I take instead of Lipitor?

Cholesterol-Lowering Treatment Options That Aren’t Statins

• Atorvastatin (Lipitor)
• Fluvastatin (Lescol)
• Simvastatin (Zocor)
• Rosuvastatin (Crestor)
• Pravastatin (Pravachol)
• Lovastatin (Mevacor)
• Pitavastatin (Livalo)

Will Lipitor’s patent expiry hurt big drug companies?

While the introduction of generic alternatives into the market may pose a relief for consumer pockets, the expiration of patents for Lipitor and other drugs in the next three years may result in a loss of about $95 billion for big drug companies, Nature reported.

Is Pfizer’s monopoly over Lipitor coming to an end?

Pfizer’s monopoly over the blockbuster cholesterol-reducing molecule atorvastatin, trade name Lipitor, ends today (November 30) with the expiration of the patent that has brought the company over $100 billion since the drug was introduced in 1997.

What is the Lipitor for you program?

In 2011 Pfizer began to heavily promote a program that supplied Lipitor to privately insured patients for a $4 copayment, below the average copayment for other brand-name drugs and below the average copayment for generics in general. More than 750,000 people have signed up for the program, named Lipitor for You.

How does atorvastatin reduce blood cholesterol?

Modeled after naturally occurring compounds known as statins, atorvastatin reduces blood cholesterol by inhibiting a key liver enzyme involved in the production of cholesterol. When Lipitor splashed into the market in 1997, it was celebrated as a marked improvement over available drugs due to its high…