During 2019, Pfizer’s Lipitor generated nearly two billion U.S. dollars of revenue. For around a decade cholesterol-lowering drug Lipitor was one of the company’s top blockbusters, with record-high revenues of approximately 13 billion U.S. dollars in 2006. In the year of patent loss – 2011 – Lipitor still generated roughly 10 billion dollars, before a heavy drop down to four billion dollars in 2012.
Lipitor was approved by the FDA (Food and Drug Administration) in 1996 for medical use. Since its patent protection expired in 2011, it is now also sold under its generic name atorvastatin. Today, atorvastatin is one of the most prescribed drugs in the United States. The drug is primarily used as prevention for people with a high risk for developing cardiovascular diseases and as a treatment for abnormal lipid levels (dyslipidemia). Generic versions of Lipitor lead to annual savings in drug spending of around 16 billion U.S. dollars.
Worldwide revenue of Pfizer's Lipitor from 2003 to 2019
(in million U.S. dollars)
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Pfizer. (February 28, 2020). Worldwide revenue of Pfizer's Lipitor from 2003 to 2019 (in million U.S. dollars) [Graph]. In Statista. Retrieved August 17, 2022, from https://www.statista.com/statistics/254341/pfizers-worldwide-viagra-revenues-since-2003/
Pfizer. "Worldwide revenue of Pfizer's Lipitor from 2003 to 2019 (in million U.S. dollars)." Chart. February 28, 2020. Statista. Accessed August 17, 2022. https://www.statista.com/statistics/254341/pfizers-worldwide-viagra-revenues-since-2003/
Pfizer. (2020). Worldwide revenue of Pfizer's Lipitor from 2003 to 2019 (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 17, 2022. https://www.statista.com/statistics/254341/pfizers-worldwide-viagra-revenues-since-2003/
Pfizer. "Worldwide Revenue of Pfizer's Lipitor from 2003 to 2019 (in Million U.S. Dollars)." Statista, Statista Inc., 28 Feb 2020, https://www.statista.com/statistics/254341/pfizers-worldwide-viagra-revenues-since-2003/
Pfizer, Worldwide revenue of Pfizer's Lipitor from 2003 to 2019 (in million U.S. dollars) Statista, https://www.statista.com/statistics/254341/pfizers-worldwide-viagra-revenues-since-2003/ (last visited August 17, 2022)