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October 22, 2007

Exit Exubera

This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
Tim Gallagher, RPh, Executive Vice President of Pharmacy Operations Tim Gallagher, RPh
Executive Vice President of Pharmacy Operations , Astrup Drug, Inc.
Implications: Pfizer failed miserably in its attempt to provide diabetic patients with an easy-to-use inhaled insulin as an alternative to injectable insulin. A product they projected would generate sales of $2 billion a year recorded a disappointing $12 million in sales this year. CEO Kindler said he decided to pull the product to spend shareholders' money more wisely. Perhaps he should have thought about that a little sooner.

Analysis:

 Pfizer's introduction of Exubera, the first inhaled insulin, was a dramatic yet not surprising failure. The debacle was multifactorial.

The product required administration via a complicated, cumbersome inhalation device. The dosing was based on milligrams, not units of insulin, unlike current insulin products. There were pulmonary concerns necessitating spirometry assessments and additional physician visits and medical expense.
 
However, the greatest faux pas, in my estimation, is in the way they marketed the product. They expected physicians to take the time to educate patients on the administration of the drug. Most physicians simply do not have the time to spend to sit down with patients to explain how to administer drugs.

Pfizer's biggest mistake, and I told them this early on, was the fact that they didn't engage pharmacists in the introduction of this product. Pharmacists see their patients more often than any other health care providers and are responsible for managing their drug therapy outcomes. Pharmacists, therefore, are in the best position to educate patients on the indications, use, administration, storage, drug interactions, and side effects of their medications.
 
Had Pfizer provided pharmacists with demonstration inhalers and worked with pharmacists on ensuring the education of patients in regard to the administration of Exubera and compensated pharmacists for those efforts, the launch very possibly could have been successful.

I don't think we have seen the end of inhaled insulin. It is likely that another company, with more forethought, may yet resurrect the product.


Other Analyses of the Same Source Article:
Perhaps the Most Important Reason for Exubera Failure is that No One Wanted to Pay for it
October 29, 2007, Author: Dea Belazi, PharmD, MPH, PAHM, Pharmacy Consultant, Dea Belazi, PharmD, MPH, PAHM
Let's all exhale
October 26, 2007, Author: GLG Expert Contributor
Lessons for Product Profile Creation
October 24, 2007, Author: Evan Siegel, MPhil, PhD, President and Chief Executive Officer, Ground Zero Pharmaceuticals, Inc.
Exubera - approvable is no longer reimbursable
October 24, 2007, Author: David Sykes, Principal, PRMA Consulting Ltd
Lessons to Be Learned: Farewell to Exubera
October 23, 2007, Author: GLG Expert Contributor
Pfizer Learns a Valuable - and Expensive - Lesson
October 22, 2007, Author: GLG Expert Contributor
inhaled insulin
October 22, 2007, Author: GLG Expert Contributor
Pfizer (PFE-N) Reinvents and then Opens a New Pandora's Box
October 22, 2007, Author: GLG Expert Contributor
Pfizer abandons exubera
October 22, 2007, Author: GLG Expert Contributor
Pfizer Stumbles.....but the concept of non-injectable insulin is a good one!
October 19, 2007, Author: GLG Expert Contributor
A can of tennis balls?
October 19, 2007, Author: David Zimmerman, PharmD, President/Owner, Doctors of Pharmacy, Inc.

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