Market
Global sales of tamoxifen in 2001 were $1,024 million. Since the expiration of the patent in 2002, it is now widely available as a generic drug around the world. Barr Labs Inc had challenged the patent (which in 1992 was ruled unenforcable) but later came to an agreement with Zeneca to licence the patent and sell tamoxifen at close to Zeneca's price. As of 2004, tamoxifen was the world's largest selling hormonal drug for the treatment of breast cancer.
In the US, 20 mg tamoxifen tablets cost under $20 per month in quantity. In the UK, the NHS pays £1.90 a month (patients receive them either free or for the standard prescription charge of £7.65 in England, £3 in Northern Ireland and free in Wales and Scotland ). In Estonia tamoxifen costs less than $2 for 30 tablets of 20 mg when used for treatment of a neoplasm or lymphangioma. Other countries report similar prices.
Read more about this topic: Tamoxifen
Famous quotes containing the word market:
“To throw obstacles in the way of a complete education is like putting out the eyes; to deny the rights of property is like cutting off the hands. To refuse political equality is like robbing the ostracized of all self-respect, of credit in the market place, of recompense in the world of work, of a voice in choosing those who make and administer the law, a choice in the jury before whom they are tried, and in the judge who decides their punishment.”
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“... married women work and neglect their children because the duties of the homemaker become so depreciated that women feel compelled to take a job in order to hold the respect of the community. It is one thing if women work, as many of them must, to help support the family. It is quite another thing—it is destructive of woman’s freedom—if society forces her out of the home and into the labor market in order that she may respect herself and gain the respect of others.”
—Agnes E. Meyer (1887–1970)