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Procter & Gamble is hoping to capture more of the market of people switching from antacids to proton-pump inhibitors. PPIs are heavily promoted and a fast-growing category. Prilosec, first introduced in 1989, has about a 47.6 percent share of the U.S. PPI market, according to research firm Euromonitor International, and is by far the biggest name in the growing category. Lockwood-Taylor said the aim is to keep that market share as the category itself grows. Store brands are second in the category and Novartis AG's Prevacid, which was introduced in 1995 and became over-the-counter 2009, is third. In the U.S., sales of proton pump inhibitors rose about 1 percent to $965.7 million in 2011, while sales of antacids fell 2 percent to $695.8 million, according to Euromonitor. Wildberry Prilosec OTC began shipping to retailers this week and will be on store shelves beginning in October.
[Associated
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