Lexapro, Namenda Inventory Workdowns Cut Forest's Fourth Quarter Sales
This article was originally published in The Pink Sheet Daily
Executive Summary
Wholesale inventory levels of the antidepressant Lexapro fell from 21 days at the end of 2004 to 15 days as of March 31, Forest says. Total prescription volume of the Alzheimer's agent Namenda increased, but sales were similarly negatively impacted by inventory workdowns, the company says.