With expansion in the generics market and fewer FDA drug approvals, growth in dollar sales for drugs was down in 2007, though the number of prescriptions dispensed increased slightly.
Mr. Lamb is a freelance pharmacy writer living in Virginia Beach, Virginia, and president of Thorough Cursor Inc.
Overall, the number of prescriptions
dispensed in 2006 increased
slightly from 2007,
growing by 103 million. Sales were up
3.8% from the previous year, rising to
$286.5 billion.
Generics accounted for 67.3% of the
3.8 billion prescriptions dispensed in the
United States last year, according to IMS
Health. This statistic goes a long way
toward explaining why the growth in dollar
sales for drugs was the lowest since
1961. Other reasons the research firm
cited for the relatively static performance
of the pharmaceutical market were that
few significant new medications were
approved in 2007, and entire classes of
drugs lost orders and sales due to concerns
over safety and efficacy.1
Robust Performers
As it has for several years running,
Pfizer Inc’s Lipitor (atorvastatin) took the
top spots on the lists of drugs prescribed
and sold. Another cholesterol-lowering
medication, Teva’s simvastatin, made the
biggest leap into the top 10 of prescribed
products by moving up from 85th place
in 2006. Zocor, Merck’s branded version
of simvastatin, fell from 25th in prescriptions
and 7th in revenues during 2006 to
be completely off both lists in 2007. That
slide began when Zocor lost patent protection
in the summer of 2007. (See the
Top 200 tables below.)
Generally, the ranks of the biggest
earners remained unchanged. The only
significant newcomer to the top 20 for
sales was Vytorin, which combines simvastatin
and Zetia (ezetimibe; Merck/
Schering-Plough). Vytorin rose from 30th
to 18th in sales. How recent reports that
neither Vytorin nor its Zetia component
reduces atherosclerosis better than simvastatin
alone will affect prescribing and
sales remains to be seen.2
Lipid regulators were the second-most
prescribed class of drugs, led only by
antidepressants. The antidepressants
generated 232.7 million prescriptions,
whereas the lipid regulators generated
220.9 million scripts. Both classes easily
outpaced codeine and combination analgesics,
which came in third, with 186.1
million prescriptions.
Except in the cases of lipid regulators,
proton pump inhibitors (PPIs), and antidepressants,
large prescription volumes
were not reflected in large revenues for
therapeutic classes. The lipid regulators
were the biggest sellers, earning $18.4
billion as a group. They were trailed, in
order, by PPIs ($14.1 billion) and antipsychotics
($13.1 billion). PPIs ranked 6th in
number of prescriptions during 2007.3,4
Fewer Blockbusters
Generics accounted for about 20% of
drug dollars in 2007, and the loss of market
share for brand name drug manufacturers
was not offset by the market entry
of new blockbusters.5 The FDA approved
a 5-year low of 18 new drugs in 2007,
whereas products such as Ambien (zolpidem
tartrate; sanofi-aventis), Norvasc
(amlodipine besylate; Novartis), and
Zyrtec (cetirizine; Pfizer) were exposed to
generic competition for the first time.6,7
A Barron’s survey of FDA public
records and industry experts revealed
that the highest expected number of
new molecular entity approvals for 2008
was 29. According to the magazine, only
5 of these possible approvals could be
expected to reach $1 billion in annual
sales by 2015.8
Antidepressants and Antianemia
Drugs
Sales losses were also likely due to
decisions by prescribers and payers to
avoid giving and covering drugs to large
groups of patients. IMS and other
researchers have pointed to 2005 and
2007 warnings that antidepressant use is
possibly associated with suicidality as
reasons for slow prescription growth and
$1.7 billion in lower sales for drugs in that
class.9,10 Similarly, when evidence that the
antianemia injections could potentially
lead to clotting problems and more
aggressive cancers, the FDA required
stricter warnings for erythropoiesis-stimulating
agents, such as Ortho Biotech’s
Procrit (epoetin alfa) and Amgen’s
Aranesp (darbepoetin alfa). Medicare
then issued new rules last year denying
reimbursement for most uses of the
agents.11,12 Overall sales of the erythropoietins
declined from $10.1 billion in 2006
to $8.6 billion in 2007.
Click on table above for larger image
Click on table above for larger image
References
- IMS Health. IMS Health reports US prescription sales grew 3.8 percent in 2007, to $286.5 billion [press release]. March 12, 2008.
- Cholesterol Drug Controversy Continues. HealthDay News, March 31, 2008. www.nlm.nih.gov/medlineplus/news/~. Accessed April 3, 2008.
- Lamb E. Top 200 prescription drugs of 2006. Pharmacy Times. May 2007. Accessed March 29, 2008.
- IMS Health. 2007 US sales and prescription information. www.imshealth.com/ims/portal/front/~. Accessed March 29, 2008.
- Generic Pharmaceutical Association. Industry statistics. www.gphaonline.org/Content/NavigationMenu/~. Accessed March 29, 2008.
- Blum J, Pettypiece S. As drug makers shoot for blockbuster drugs, FDA approvals drop. International Herald Tribune. January 5, 2007. www.iht.com/articles/2007/01/04/bloomberg/bxdrugs.php.
- Lamb E. Watch for generic blockbusters over next year. Pharmacy Times. November 2007. Accessed April 3, 2008.
- Bennett J. Pills that could thrill in 2008. Barron's Online. January 15, 2008. online.barrons.com/article/SB120034955929489561.html.
- Olfson M, Marcus SC, Druss BG. Effects of Food and Drug Administration warnings on antidepressant use in a national sample. Arch Gen Psychiatry. 2008;65(1):94-101.
- FDA. FDA proposes new warnings about suicidal thinking, behavior in young adults who take antidepressant medications. Press release. May 2, 2007.
- Ortho Biotech Products. Ortho Biotech revises prescribing information for Procrit (epoetin alfa). Press release. March 7, 2007.
- Centers for Medicare & Medicaid Services. Medicare posts final national coverage determination for the use of erythropoiesis stimulating agents in cancer and related neoplastic conditions. Press release. July 30, 2007.