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 23 January 2018

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News

Nexium boosts AstraZeneca while Schering-Plough gains approval for Rebeterol

The successful launch of the AstraZeneca proton pump inhibitor, Nexium (esomeprazole), boosted the company's earnings in the second quarter of this year, according to new figures.

News image

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The drug grabbed a 10.7% share of the US PPI market and is now the third most heavily prescribed drug of its kind, the company reported. It sold 80 million dollars in the first 6 months of the year.

The drug has achieved a comparable market share in Germany, Norway and Finland and has been launched in 20 markets.

The company reported a slight decline in sales of Prilosec (omeprazole), but this was outweighed by its sales of Nexium.

But sales of Losec (omeprazole) continued to increase in Europe - by 4% - especially in the UK, France and Italy.

Nexium grabbed a 10.7% share of the US PPI market
AstraZeneca

AstraZeneca Chief Executive Tom McKillop said, "The successful launches of Nexium and Symbicort (eformoterol and budesonide), and the good progress with our strong pipeline, mark a promising start to the transformation of our portfolio and provide the platform for future growth."

Meanwhile, HCV drug developers a href="http://www.schering-plough.com/" target="_blank">Schering-Plough bounced back from a disappointing quarterly report. They were boosted by US Food and Drug Administration approval for the marketing of Rebetol (ribavirin) as a separate product.

The company had seen a decline of 13% of sales of its Intron A (interferon) HCV therapies in the US market, apparently while physicians waited for FDA rulings.

Report Copyright: Englemed Health News at http://www.internationalmedicalnews.com

AstraZeneca
30 July 2001

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