Pfizer gets USFDA nod for potential blockbuster heart drug Tafamidis

Published On 2019-05-07 04:15 GMT   |   Update On 2021-08-16 05:59 GMT

Pfizer, which has touted tafamidis as a potential blockbuster product, set a list price of $225,000 a year for the medicine, which would be sold under the brand name Vyndaqel.


New Delhi: The U.S. Food and Drug Administration on Monday approved Pfizer Inc's drug, tafamidis, to treat a rare and fatal heart disease called transthyretin amyloid cardiomyopathy, the U.S drugmaker said.


Pfizer, which has touted tafamidis as a potential blockbuster product, set a list price of $225,000 a year for the medicine, which would be sold under the brand name Vyndaqel.


Read Also: Pfizer Q1 profit up 9 per cent on higher drug sales, lower costs


Analysts are forecasting annual sales to exceed $1 billion in 2024, according to Refinitiv data.


The FDA also approved another oral formulation of tafamidis under the brand name Vyndamax.


Read Also: Vaccine and blood thinner help drive Pfizer to quarterly earnings beat

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Article Source : PTI

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