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Kevin Grogan. Pfizer profits battered as generic Lipitor hits US market. Pfizer has reported a 50% slump in net income for the fourth quarter to $1.44 billion, hurt by generic competition to the cholesterol blockbuster Lipitor.

Lipitor, which posted revenues of $7.6 billion in the first nine months of 2011, was hit hard by the loss of exclusivity in the US. Despite making significant efforts to reduce the impact of generic competition, Pfizer saw Lipitor ...

Pfizer ($PFE) faces another stumbling block on its Lipitor obstacle course. As The Wall Street Journal reports, Express Scripts ($ESRX) is moving the cholesterol drug to a less-favorable spot on its Read more...

The floodgates of generic versions of Lipitor are starting to bulge as the FDA tentatively approved Mylan's ANDA for the drug.

Pfizer PFE reported fourth-quarter results that largely matched our expectations, and we don't.

Also: measuring blood pressure in both arms; new leadership at the Global Fund; booster seats and carpooling.

NOTE: I am a diabetic 1 and on an insulin pump. I really want to stop taking so many meds and I was wondering if I eat well, can I stop taking them. Lisinopril is for high blood pressure and Lipitor is for high cholesterol.

Mylan announced that it had received tentative approval for a generic version of Pfizer's Lipitor (atorvastatin calcium) in the 10-mg, 20-mg, 40-mg and 80-mg strengths. A tentative approval means that the drug meets the FDA's ...