Teva sold generic Lipitor in UK, despite ongoing patent proection, FT reports
Despite the fact that US drugs behemoth Pfizer (NYSE: PFE) has patent protection for its blockbuster cholesterol lowerer Lipitor (atorvastatin) well into next year, Israel-headquartered Teva Pharmaceutical Industries (Nasdaq: TEVA) last month started selling a generic version Lipitor in the UK, reports the Financial Times.
Industry experts estimated that the company shipped more than two months’ stock of atorvastatin - worth around £14 million ($22.5 million) - in June, at a discount of at least 15% to the previous price for the product, the FT noted.
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