Health Care Industry
Industry: Email Alert RSS FeedEli Lilly reported late last month that it has received conditional approval to market Cymbalta, a new drug for treating depression that would be a follow-up to Lilly's Prozac
Drug Store News, Oct 7, 2002
Eli Lilly reported late last month that it has received conditional approval to market Cymbalta, a new drug for treating depression that would be a follow-up to Lilly's Prozac. Prozac lost patent protection last year. Cymbalta enhances the levels of two neurotransmitters, serotonin and norepinephrine, while more commonly used antidepressants only affect serotoriin.
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Some observers estimate Cymbalta could achieve annual sales of $750 million m the peak years after its launch. Final approval of several Lilly drugs have been delayed because of manufacturing quality-control problems. Lilly expects an FDA ruling in the next few months on whether the problems at its Indianapolis facility have been resolved.
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