Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Lexapro Shows Modest Sales Gains With Close Of 2004, Forest Says

This article was originally published in The Pink Sheet Daily

Executive Summary

Sales of the antidepressant grew 3% sequentially in the quarter ended Dec. 31, but the gains were more than offset by a 50% decline in Celexa due to generic competition. Forest's better-than-expected quarterly earnings performance partially reflects a one-time, $30 mil. sale of the flu therapy Flumadine to the U.S. government.

You may also be interested in...



Forest Takes "Wait And See" Approach On Effect Of Antidepressant "Black Box" Labeling

The company does not anticipate a "dramatic disruption" to the marketplace since the safety issues have been widely publicized, COO Goodman says. He suggests that the effect on Lexapro sales could mirror the temporary dip seen when the safety issues first surfaced last summer.

Forest Takes "Wait And See" Approach On Effect Of Antidepressant "Black Box" Labeling

The company does not anticipate a "dramatic disruption" to the marketplace since the safety issues have been widely publicized, COO Goodman says. He suggests that the effect on Lexapro sales could mirror the temporary dip seen when the safety issues first surfaced last summer.

Forest Keeps Up Lexapro Detailing Pressure In Face Of Competition

Forest's antidepressant continues to be the most detailed product in the class, the company says; aggressive detailing is increasingly important with Forest's loss of exclusivity for Celexa and Lilly's launch of Cymbalta. Forest expects Lexapro to be approved for social anxiety and panic disorders early this year.

Related Content

Topics

UsernamePublicRestriction

Register

PS061031

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel