Posts Tagged ‘Teva’

Nexium keeps its stranglehold on the Heartburn Market

Sunday, January 10th, 2010

On Friday, January 8th, 2010 Astra Zeneca, the maker of the heartburn medication Nexium signed a deal with generic drug makers to stop the production and release of a generic version.  In simpler terms, Astra Zeneca paid generic drug manufacturer Teva to not produce a generic form for Nexium.  Although its not reported how much the deal was worth, it is likely a hefty figure.  In 2008, Nexium had almost $5 billion in revenue!

As we reported several weeks back, there are other more cost efficient options for as little as $20/mo.  To view that article follow this link.

To view the original article explaining this deal between Astra Zeneca and Teva, click the link to the Consumer Reports site.

For coupons from Astra Zeneca for those of you that can only seem to get relief from the Purple Pill, follow this link to the Purple Pill Savings Card.