Pharmacia Rogaine
This article was originally published in The Tan Sheet
Executive Summary
Sales for 2000 decline 4% in U.S. and worldwide to $103 mil. and $134 mil., respectively, firm reports Feb. 12. Fourth quarter sales for the hair regrowth formula were $27 mil. domestically and $34 mil. worldwide, falling 7% and 11% from the year-ago quarter. Revenues from U.S. sales of Nicorette totaled $88 mil. for 2000, down 15%, and $218 mil. worldwide, a 7% decline. Total pharmaceutical sales reached $3.34 bil. in the quarter, up 8%, and $12.65 bil. for the year, advancing 14%