1. Overview of Pfizer, Incorporated
... all, patent concerns. As a drug's patent nears expiration, manufacturers can apply to the FDA for permission to make and sell generic versions of the drug. Several patents for Pfizer's drugs were set to expire recently causing great concern that other drug companies would sell ... resulting in a great loss of profits. A 2007 article in the New York Times reports that Pfizer won a court ruling blocking a rival company from marketing a generic version of Pfizer's painkiller Celebrex, the world's top-selling arthritis drug, until 2015. Fiercepharma.com reports that in January of 2009, a cou...
- Word Count: 2175
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate