Pfizer Won Full FDA Approval for Its HIV Drug

An article from San Francisco Business Times titled “Pfizer Drug Approval Helps Monogram” describes how Pfizer Inc. was successful in being granted full FDA approval for Selzentry, the next generation HIV drug. This progress is expected to boost sales of a test from Monogram Biosciences Inc., which is located in South San Francisco. Pfizer used Monogram’s Trofile diagnostic test, a test that is intended to furnish physicians with a treatment roadmap through the identification of a particular HIV strain present in a patient.

Considered as a fully approved HIV treatment, Selzentry’s mechanism involves preventing the virus from entering cells by inhibiting the virus from interfacing with the cells’ receptors. This method works better than those of all the other classes of oral HIV drugs that combat the virus inside the cell. Selzentry was initially discovered by Pfizer scientists in 2000; it was then introduced in the market by 2007, wherein the drug received sped up conditional approval based on 24-week information derived from Phase III studies. Finally, it was granted full FDA approval on November 26, 2008.

Pfizer Incorporated is the world’s largest research-based pharmaceutical company in terms of sales. As of 2007, its revenue was placed at $48.4 billion.

In 1849, Charles Pfizer and Charles Erhardt founded Pfizer in Brooklyn, New York. With headquarters in New York City, New York, Pfizer has more than 86,600 employees as of 2008. It markets popular brands such as Lipitor, Accupril, Celebrex, Zoloft, and Viagra.

More Pfizer News:

Forbes.com: Market News
Updated :

Riding A Calmer Bull
Aim for slow and steady gains in year two of this bull market.
Author : Steve Schaefer
Publ.Date : Wed, 10 Mar 2010 23:00:00 GMT

Speedway Suffers Setback
Shares of the racetrack operator slide lower on disappointing earnings and a glum forecast.
Author : Melanie Lindner
Publ.Date : Wed, 10 Mar 2010 20:57:21 GMT

AIG's Progress Squeezes Shorts
Rounding up more than $50 billion in asset sales set off a chain reaction in the insurer's shares.
Author : Kelsey Swanekamp
Publ.Date : Wed, 10 Mar 2010 21:15:00 GMT

American Eagle Soars On Wings Of Profit
Retailer rallies after shaking off recession to book 81% earnings growth in fourth quarter.
Author : Melanie Lindner
Publ.Date : Wed, 10 Mar 2010 19:59:27 GMT

Ups And Downs For Retailers
J. Crew reports profit, American Eagle shuts down division and Children's Place books another rocky quarter.
Author : MarketNewsVideo.com
Publ.Date : Wed, 10 Mar 2010 19:22:17 GMT

RSS Software
Backlinks