Three prominent senators are demanding that drugmaker Pfizer Inc. produce documents about its deals with insurers to get them to cover its cholesterol blockbuster Lipitor, rather than two generic versions just hitting drugstores.
Lipitor, the top-selling drug ever with nearly $11 billion in sales last year, got U.S. generic competition on Wednesday.
In an effort to retain as much of that revenue as possible for a while, Pfizer has offered big rebates to insurance plans and companies that process prescriptions — if they require pharmacies to dispense brand-name Lipitor rather than generic copies for the next six months. Pfizer also is offering patients remaining on Lipitor discounts so that their copayment would be equal to or lower than what they pay for generics under their health plan.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
