Pfizer Gets European OK for Intravenous Revatio
From Associated Press (January 4, 2010)
NEW YORK--Drug developer Pfizer Inc. said Monday European
regulators approved an intravenous version of its high blood
pressure drug Revatio.
The drug was already sold in Europe as a tablet for a specific type
of high blood pressure called pulmonary arterial hypertension,
which affects arteries in the lungs. Also, the Food and Drug
Administration approved the tablet version in 2005 and the
intravenous version in November.
Specifically, the European Commission has now approved the
intravenous version for patients now prescribed oral Revatio and
temporarily unable to take oral medicine but otherwise clinically
stable.
Pulmonary arterial hypertension affects about 100,000 people
worldwide, while hypertension in general affects more than a
billion.
Shares of Pfizer rose 58 cents, or 3.2 percent, to $18.77 in
afternoon trading. The stock has traded between $11.62 and $18.99
over the last 52 weeks.
Posted: January 2010
