The US drug company announced Monday that it will sell rights to Nexium and AstraZeneca's blockbuster acid blocker, Prilosec to Pfizer. Prilosec, the active ingredient in Nexium, is an antacid that has become the mainstay of acid blockers for the treatment of heartburn and acid reflux.
The company says it will sell the rights to Nexium to Pfizer for a total of $1 billion in cash. Under the agreement, Pfizer will have the exclusive right to sell the rights to Nexium from Pfizer, the pharmaceutical company said. The deal is expected to close on December 1, when Nexium is expected to be available in pharmacies and other major US markets.
In a statement, Pfizer said that it is "committed to ensure that our patients have access to the highly effective, safe, and reliable Viagra available to them with a valid prescription."
The company will also be selling the rights to AstraZeneca, an US drug maker that is the biggest in the world. It said the company is committed to providing patients with effective and safe medicine that can help manage their acid reflux.
Nexium is the world's top-selling medicine. It is estimated to cost around $1 billion a year in sales. AstraZeneca is one of the most profitable drugs on the market, making it the largest manufacturer and supplier of Nexium in the world.
The company said it expects to sell the rights to AstraZeneca for about $500 million to $1 billion in cash.
"The Company has an important position in the world of pharmaceuticals and has worked closely with Pfizer to develop and market new drugs for human health and the treatment of certain diseases," said Joseph Nissen, Pfizer's chief executive officer.
Pfizer, which is based in New York, said the company will continue to focus on making the drug more accessible, which is why it has been called Nexium for the treatment of chronic acid reflux disease.
The company will also sell the rights to Protonix, which is used to treat acid reflux in patients with heartburn. The company is also looking into a generic version of Nexium, called Nexium 10.
The company will continue to develop its acid-suppressing drugs, including Prevacid, Lekacor, and Zantac. The company said that it is currently in the process of developing its own generic version of Nexium.
Nexium, which is available as a generic version of Prilosec, is one of the world's top-selling medicines. Prilosec is also one of the world's top-selling medicines, with sales of $2.9 billion in the U. S. in 2006.
Pfizer has been selling Nexium to drugmakers for more than a decade, including AstraZeneca. In the U. S., Nexium is one of the world's top-selling medicines.
Photo: Getty ImagesIn a statement, Pfizer said that it is committed to providing patients with effective and safe medicine that can help manage their acid reflux.
The company said it will continue to focus on making the drug more accessible, which is why it has been called Nexium for the treatment of chronic acid reflux disease.The company said that it is in discussions with the U. Food and Drug Administration to develop a generic version of Prilosec, known as Prilosec XR, which is sold by AstraZeneca. The company will continue to market the generic version to patients in the United States.
The company said that it will also have an agreement with Eli Lilly and Co. to sell Prilosec, which is the generic version of Prilosec, for about $5 billion in cash.
Prilosec is used to treat more serious conditions, including heartburn and acid reflux, as well as other digestive disorders, including stomach ulcers and gastroesophageal reflux disease.
The company has been buying drugs from third parties to lower prices for a decade, and it is looking for new sources of profit.
The company said it will be using Nexium for the treatment of patients who are suffering from reflux disease. It is also considering a marketing strategy of making it more accessible and less expensive.
Details
Nexium Control provides a course of treatment for relieving symptoms of heartburn, indigestion, and acid reflux. Each pack contains 7 tablets intended for short-term use. These tablets work by reducing stomach acid production, thereby managing discomfort associated with digestive acid-related conditions. It's important to follow the instructions provided for optimal results. GlaxoSmithKline (UK) Trading Limited GSK Consumer Healthcare (IE) Ltd., 980 Great West Road, Brentford, TW8 9GS, U. K. Or: 12 Riverwalk, Citywest Business Campus, Dublin 24, Ireland.
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Ingredients
Ingredients: Each Gastro-Resistant Tablet contains 20 mg Esomeprazole (as Magnesium Trihydrate). Contains sucrose. See package leaflet for further information. As we are always looking to improve our products, our formulations change from time to time, so please always check the packaging before use.
Directions
Directions for use: Take one tablet once a day. Do not exceed this dose. The tablets should be swallowed whole. Do not chew or crush the tablets. May take 2-3 days for full effect. If your symptoms worsen or do not improve after taking this medicine for 14 days in a row, contact your doctor. Read the package leaflet before use. Oral use. Storage recommendation: Do not store above 30°C. Store in the original package in order to protect from moisture. Keep out of the sight and reach of children.
utyreetilot.com.hkShow MoreProduct Information: 7 tablets(20mg); transdermal gel for the tongue and inner cheek. Suhagra Control. 60 capsules per pack(20mg)Nexium Control. 4 pack(10mg); transdermal gel for the tongue and inner cheek. Show MoreProduct Information: 7 tablets(20mg); transdermal gel for the tongue and inner cheek. Nexium Control. 60 capsules per pack(20mg)Show MoreShow MoreShow MoreShow MoreShow MoreNexium Control Tablets (20mg; 40mg)Nexium Control is an acid-suppressing agent used to alleviate the symptoms of heartburn, indigestion, and acid reflux. This medicine works by reducing the amount of stomach acid held in the lower esophageal sphincter (tube) thereby reducing the frequency and intensity of these stomach upset. If you suffer from heartburn, indigestion, or acid reflux, consider using Nexium Control tablets for the relief of symptoms. Nexium Control contains esomeprazole, a prescription-only medicine used to prevent and relieve the symptoms of heartburn, indigestion, and acid reflux.
Nexium 24HR Once Daily Dosing Tablets provide lasting relief from frequent heartburn and acid reflux.
Nexium 24HR 20mg esomeprazole tablets are for the lasting symptomatic relief of frequent heartburn, acid regurgitation and other symptoms associated with gastro-oesophageal reflux
Carefully read the enclosed Consumer Medicine Information before use.
AUST R NUMBER:231439
Lactose
INGREDIENTS:Each tablet contains: Esomeprazole 20mg (as Magnesium Trihydrate).
Do not use:- for children under 18 years of age.- if allergic to esomeprazole.- if allergic to any other proton pump inhibitor (omeprazole, rabeprazole, lansoprazole, pantoprazole).- if you are taking antiretroviral medicines, such as atazanavir.- if you are taking cilostazol a medicine used to treat pain and/or cramping in the lower leg (or arms) due to inadequate blood flow to the muscles.- if you are breastfeeding or intend to breastfeed.- -f you are experiencing weight loss, persistent regurgitation of food or vomiting, difficulty swallowing or symptoms of gastro-intestinal bleeding, except on medical advice- if you are pregnant or intend to become pregnant except on the advice of a doctor or pharmacist- if the expiry date printed on the pack has passed. Ask your pharmacist or doctor before use if you:- have or ever have had serious liver disease.- are taking digoxin (a medicine used to treat heart problems).- are taking ketoconazole (a medicine used to treat fungal infections)- are taking clopidogrel or warfarin (medicines used to stop the blood clotting)- are taking other medicines regularlyThis preparation is for the relief of minor and temporary ailments and should be used strictly as directed. Do not use for any purpose other than what is specified on the pack, except on doctor's advice. Keep to recommended dose. If an overdose is taken or suspected telephone your doctor or the Poisons Information Centre (Australia 13 11 26, or New Zealand 0800 764 766) or go to the Accident and Emergency department at your nearest hospital. Tell your pharmacist or doctor if you do not feel well, if new or additional symptoms occur while you are taking Nexium 24HR Once Daily Dosing.
ONLINE MANDATORY STATEMENT:Always read the label and follow the directions for use.
Puerto Rico, US
MNT Brand Name esomeprazole 20mg Tablet esomeprazole 20mg Tablet 20mg Tablet 20mg Tablet 20mg Tablet 20mg Tablet 20mg Tablet 20mg Tablet 20mg Tablet 20mgSafety InformationSun Pharmaceutical
IMriger, IndiaConsumer Medicine Information (CMI)This can be found in our privacy policyDiscussionAlkem Laboratories, India
Generic NameNexium 24HR Once Daily Dosing is used to treat frequent heartburn, acid regurgitation and other symptoms associated with gastro-oesophageal reflux (fa-oesophoieous blockage of the esophagus). Nexium 24HR Once Daily Dosing is used only when necessary to treat symptoms.
Sun Pharmaceutical, India
Esomeprazole
For the relief of frequent heartburn, esomeprazole 20mg tablet. It is used to treat GERD, a condition that causes persistent, frequent heartburn that is often a result of inadequate food intake and/or poor swallowing.
Nexium® 24HR 20mg Mini Capsules provide lasting relief from frequent heartburn and acid reflux in a 53% smaller capsule (based on volume of the capsule vs Nexium® 24HR Once Daily Dosing Tablet)
Nexium 24 Hour Once Daily Dosing provides lasting relief for frequent heartburn & acid reflux.
Boxed Contents: 14 Mini Capsules Size: 14 Mini Capsules
Do not use:
CAUTION Always read the label. Follow the directions for use.
Each capsule contains Esomeprazole magnesium trihydrate 22.3mg (equivalent to esomeprazole 20mg)
Active Ingredients: Each capsule contains Esomeprazole magnesium trihydrate 22.3mg (equivalent to esomeprazole 20mg)
Adults 18 years, of age and over: Take 1 capsule daily for at least 7 days and up to 14 days.
Swallow the capsule whole with water, with or without food. Do not crush, chew or open the capsule. Not intended for immediate relief. It may take a few days to achieve maximum results.
Do not take for more than 14 days unless directed by a doctor.
USAGE ADVICE The bottle contains a sealed container with silica gel desiccant. Keep the bottle tightly closed to protect from moisture.
SAFETY DIRECTIONS
Carefully read the enclosed leaflet before use.
Ask your doctor or pharmacist before use if you:
STORAGE INSTRUCTIONS Store below 25°C in a cool, dry place. Storage Temperature: Below 25°C.
Pre-folds The container with some of the total of the pre-filling leaflet. Once the container is dry, it can be used any time during the day or at bedtime. After using Nexium 24HR 20mg Mini Capsules for 7 days, it will ideally be used on at least 2 of your once daily dosing attempts.SUGGESTIONSARGINGUpset stomach,
after meals
after snacks
sore throat
IBrahim'Ilia Medication Frequency Do not Apply
for rare but more serious infections
due to concerns over inconsistent efficacy or increased side effect risks.
DRUG INTERACTors If you are having an allergic reaction to any of the ingredients of NEXIUM 24HR 20mg Mini Capsules bottle, ask your doctor or pharmacist.
If allergic reaction occurs, stop use and seek immediate medical help.DRUG INTERACTors If you are having an attack of acid chest pain, other than an attack of headache,
other than a chest pain,
shortness of breath,
or
weakness in one or both legs.
After an attack of acid chest pain or other chest pain,
you should stop use and consult your doctor.
Nexium can be purchased without a prescription from a licensed pharmacy. Many reputable online pharmacies in Canada offer it as a prescription drug, but are subject to the same quality and safety standards that come with buying medication from an authorized online pharmacy. To make sure you are getting a legitimate online pharmacy for your needs, make sure the pharmacy you visit is registered with Canadian Pharmacy World and follows the same rules as online pharmacies. In addition, be sure to check the information on the Canadian website for any important information about the medication you are buying. If you have any questions about the medications you are purchasing from Canada, make sure to reach out to your physician or pharmacist. For example, the Canadian website provides an example of what to look out for in order to obtain Nexium for the treatment of GERD. If you have any questions about the online pharmacy or the medication you are purchasing from Canada, make sure to reach out to your doctor or pharmacist.
Stade de France Pharmacy