A 'blockbuster drug' is a
drug generating more than $1 billion of revenue for its owner each year. The search for blockbusters has been the foundation of the R&D strategy adopted by big
pharmaceutical companies, but this looks set to change. New advances in
genomics, and the promise of
personalized medicine, are likely to fragment the pharmaceutical market.
A recent report from Urch Publishing estimated that about one third of the pharma market by value is accounted for by blockbusters. About 100 products are blockbusters. The top seller was Lipitor a cholesterol-lowering medication marketed by
Pfizer with sales of $12.2 billion.
Leading blockbuster drugs
★
atorvastatin (Lipitor) from
Pfizer
★
celecoxib (Celebrex) from
Pfizer
★
omeprazole (Losec/Prilosec) from
AstraZeneca (2003 sales $2.6bn)
★
esomeprazole (Nexium) from
AstraZeneca (2003 sales $3.3bn)
★
Fexofenadine (Telfast/Allegra) from
Aventis (2004 sales $1.87bn)
★
quetiapine (Seroquel) from
AstraZeneca (2003 sales $1.5bn)
★
metoprolol (Seloken/Toprol) from
AstraZeneca (2003 sales $1.3bn)
★
budesonide (Pulmicort/Rhinocort) from
AstraZeneca (2003 sales $1.3bn, plus some fraction of the $0.6bn sales of
Symbicort)
Further reading
''Pharmaceutical Market Trends, 2006-2010'', from Urch Publishing
[1]
''Blockbuster Drugs 2006: Executive Overview'', from Report Buyer
[2]