Pfizer Inc. (NYSE: PFE), the world's largest pharmaceutical company, is facing a price war over its arthritis drug Celebrex, a painkiller for osteoarthritis and rheumatoid arthritis that has hit the market in the U. S. and Europe.
is fighting a price war over Celebrex, a cheaper alternative to the blockbuster painkiller Celebrex, and it will have to pay about a quarter to half the price of the drug for three months.
has to make a $12.35 per month copayment for its $25.99 Celebrex product, which was introduced in May. The company's generic version, called Celebrex-20, is expected to cost $25.99 at the pharmacy.
In the past several months, Pfizer has been facing competition from generic versions of Celebrex, which are already out of patent. The company has to make the copayments to its Celebrex and generic versions separately for three months.
Pfizer said its arthritis drug has also been facing price wars over the drug's effectiveness and side effects. The company has to make the copayments separately for Celebrex and generic versions. The company says the competition is "increasing," and it has to make the drug a generic equivalent.
Pfizer said it has been fighting the price war for months over Celebrex. The company said it has been able to beat competitors by about 90 percent. However, the cost of the Celebrex, which was launched in the U. in November, was about $1.35 per month, or about half the price of the drug.
Pfizer said it has to make a $12.35 Per-Month Copay for its Celebrex product. The company says it's trying to keep Pfizer's Celebrex off the market, and it has to make the final decision about its Celebrex and generic versions.
"We have to make the final decision as quickly as possible," said Ian Read, Pfizer's head of global product research and development.
"Pfizer has to make the final decision as quickly as possible. If we don't make the final decision, it may not be possible to sell the product as well as it should. We are committed to fighting it, and that commitment is a key aspect of our strategy to fight this drug."
Pfizer said that Celebrex was being manufactured to a much lower-end, more affordable range, by a subsidiary of Pfizer Inc.
Pfizer said the company has been trying to develop a generic version of Celebrex. But the company has not found an oral alternative.
Celebrex 200mg capsule contains the active ingredient Celecoxib. It belongs to the family known as non-steroidal anti-inflammatory drugs (NSAID), and specifically a sub-group known as cyclooxygenase-2 (COX-2) inhibitors. It is used in adults for the relief of signs and symptoms of rheumatoid arthritis, osteoarthritis, and ankylosing spondylitis. In conditions like rheumatoid arthritis and osteoarthritis, excess production of prostaglandins by your body can lead to pain and inflammation. This medicine works by decreasing the production of prostaglandins, effectively reducing pain and inflammation.
Do not take Celebrex 200mg capsule if you are allergic to Celecoxib or any of its ingredients. Inform your doctor if you had reactions to sulfonamide medicines, suffer from ulcers or bleeding in the stomach or intestines, or experienced adverse reactions to NSAID medications like aspirin. Before starting the treatment, inform your doctor because it is recommended to not take this medicine if you are pregnant or are breastfeeding. Do not take this medicine if you have severe liver or kidney disease, have inflammatory intestinal conditions, or have heart-related issues such as heart failure, heart disease, or circulation problems. Additionally, if you have had surgeries on leg arteries or have a history of blood circulation problems, this medicine usage should be avoided. This contains lactose. If you are sugar intolerant, consult your doctor before using this product. This medicine is for adults only, it is not for use in children.
Inform your doctor about if you have a history of stomach or intestinal ulcers or bleeding (avoid if currently present), are on acetylsalicylic acid or antiplatelet therapies, use blood clotting or corticosteroid medications, or simultaneously use other non-acetylsalicylic NSAIDs like ibuprofen. Report your doctor if you have conditions such as smoking, diabetes, high blood pressure, high cholesterol, compromised heart, liver, or kidney function, fluid retention, dehydration, past severe allergic reactions to medications, ongoing infections, or are over 65 years old. Monitoring may be necessary. Notably, Celebrex 200mg capsule could mask fever or infection signs. Remember, alcohol combined with NSAIDs may increase gastrointestinal risks.
Celecoxib 200mg capsule Active ingredientActive ingredient (in capsule): Celecoxib (200mg). Inactive ingredients: milk, gelatin, cornstarch, croscarmellose sodium, hydroxypropyl cellulose, microcrystalline cellulose, sodium laurilsulfate, sodium benzoate, stearyl alcohol, talc, titanium dioxide.
Celecoxib 200mg capsule Directions of consumptionComplete the full medical history including disease state, date of prescription, and reason for treatment, including allergies, illnesses, and signs. Do not alter your dose without consulting your doctor.
Celecoxib 200mg capsule UsesIt is important to inform your doctor if you have any medical conditions, except certain cancers. Monitoring for any signs of inflammation or pain is essential. Celecoxib 200mg capsule is used cautiously in patients with certain cancers. Consult your doctor if you are at risk for these conditions.
Dosage and administrationCelebrex 200mg capsule is given orally, typically as a once-daily dose, once daily. It is generally taken with or without food, but it is important to follow the dosing instructions carefully. It is important to complete the full medical history, including the diagnosis of Celebrex 200mg capsule, if necessary, before considering any medications. Discuss any past or ongoing health issues with your doctor to ensure that this medication is safe for you to take.
Common side effects of Celebrex 200mg capsule may include stomach upset, constipation, diarrhea, indigestion, and indigestion with or without a known or suspected bowel disorder. It is important to note that these side effects are relatively rare and may go away on their own within a few days. In most cases, the gastrointestinal bleeding has stopped after the last dose of Celebrex 200mg capsule. Nevertheless, if you experience any signs or symptoms suggestive of a bleeding condition, such as persistent stomach pain or cramping, persistent or worsening diarrhea, severe abdominal pain, or signs of ulcers, seek medical attention immediately. It is important to inform your doctor immediately if you experience any severe or persistent pain or discomfort.
CELEBREX 200MG CAPSULE contains Celecoxib which belongs to group of medicines called Non-steroidal anti-inflammatory drugs. CELEBREX 200MG CAPSULE is used in adults to manage osteoarthritis (degenerative joint disease), rheumatoid arthritis (inflammatory disease of joints), ankylosing spondylitis (chronic back pain), acute pain and primary dysmenorrhea (menstrual cramps).
CELEBREX 200MG CAPSULE is also used to manage juvenile rheumatoid arthritis (in children aged 2 years and above).
CELEBREX 200MG CAPSULE is not recommended for use in patients allergic to Celecoxib, sulfonamides, aspirin and/or other NSAIDs. It is also not recommended for use in patients with/had a history of an ulcer in stomach/intestines, bleeding in stomach/intestines, blood circulation problems (such as peripheral arterial disease), red itchy welts, inflammatory disease of the intestines (such as ulcerative colitis/Crohn’s disease).
The medicine is also not indicted for use in patients suffering from lung problems (such as asthma), heart diseases (such as heart failure, recent heart attack, heart block), severe liver disease (such as advanced hepatic insufficiency) and/or kidney disease (such as advanced renal insufficiency).
Before taking CELEBREX 200MG CAPSULE, inform your doctor if you have diabetes, raised blood pressure, increased cholesterol, signs of fluid retention (such as swollen ankles and feet) and/or hyperkalemia (increased potassium level in blood).
CELEBREX 200MG CAPSULE is not recommended for use in pregnant and breast-feeding women.
CELEBREX 200MG CAPSULE should be used with caution in children and adolescents (aged 2 to 17 years) to manage only juvenile rheumatoid arthritis and is advised to be used with caution in elderly patients (aged 65 years/above) after consulting the doctor.
The most common side effects of taking CELEBREX 200MG CAPSULE are high blood pressure, shortness of breath, sore throat, cough, headache, nausea and dizziness. Consult your doctor if any of these symptoms worsen.
How can I take CELEBREX 200MG CAPSULE?Before taking CELEBREX 200MG CAPSULE, inform your doctor about the pain medication and the history of allergic reactions. Before taking Celebrex 200mg cap, inform your doctor about the pain medication and the history of allergic reactions. To manage the symptoms of osteoarthritis, rheumatoid arthritis and ankylosing spondylitis,,,, Before taking CELEBREX 200MG CAPSULE, inform your doctor about the pain medication and the history of allergic reactions.
For pediatric patients, taking CELEBREX 200MG CAPSULE should be avoided.
Consult your doctor if any of the above symptoms worsen.
What are the side effects of Celebrex 200mg?Consult your doctor if any of the above symptoms pass and your child experiences any.
For pediatric patients, CELEBREX 200MG CAPSULE should be avoided.
possible side effectsThe medicine contains (ro-pills). It can cause low blood pressure, heart burn, indigestion, stomach upset, or kidney problems (such as an enlarged prostate, kidney failure). Close monitoring of kidney function is recommended to avoid this risk. You should not drink alcohol while taking ro-pills (alcohol reduced from 200mg to 50mg daily). Avoid interaction with other medications you are taking.
You should not drive a car or operate machinery if you experience dizziness, low blood pressure, joint pain, or swelling when taking ro-pills. The possibility of this reaction can lead to muscle weakness and caution is advised.
You should not handle crushed or broken CELEBREX 200MG CAPSULE. Also, contact your doctor if you feel any skin rash, itching or hives on the eyes or mouth.
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