Generic Viagra Hits Us Market Next Week As Pfizer's Patent Protection Ends

This Monday, Dec. 6, 2017 Photo Shows Pfizer's Viagra, Left, And The Company's Generic Version, Sildenafil Citrate, At Pfizer Inc., Headquarters In New York. The Drugmaker Is Launching Its Own Cheaper Generic Version Of Viagra Rather Than Lose Sales When Its Impotence Pill Gets Its First Generic Competition.

Generic, More Cost-friendly Versions Of Viagra Will Officially Hit The U.s. Market On Monday, Dec. 12 After Years Of Pfizer's Patent-protection Of Its Blue Pill Comes To An End.

Back In 2014, Pfizer Settled With Teva Pharmaceuticals To Allow The Company To Launch A Generic Version Of Viagra Three Years Earlier Than The Patent Was Set To Expire. Teva Agreed At The Time To Pay Pfizer Royalties To Produce Its Generic Version.



At The Time Of The Litigation Settlement, Teva Already Had Its Generic Viagra -- Sildenafil -- Ok'd By The U.s. Food And Drug Administration. As Of March 2016, At Least Nine Other Pharmaceutical Companies Had Submitted Applications To The Fda For Approval Of Its Generic Viagra.


The Associated Press Reports That Pfizer Is Attempting To Get A Leg Up On The Generic Viagra Competition As It Will Release Its Own Generic Version At About Half The $65 Per Pill Retail Price. Teva Has Not Released What The Price Of Its Fought-over Generic Version Of The Erectile Dysfunction Pill Will Be.

Elsevier Analytics For A.p. Reports That Viagra Retail Prices Have Sky-rocketed From $11 To About $63 Per Pill, And From $11 To $62 For A Single Cialis Pill. More Than 12 Million Prescriptions Were Filled For Viagra And Cialis Stateside In 2016 For Nearly A Combined $4 Billion In Sales.

Patients Are Paying Fortunes, Dr. Nachum Katlowitz Of New York's Staten Island University Hospital Told The News Organization. "when Generic Viagra Comes Out, They Will Be Very Happy.

The Cost Of Generic Viagra Options Is Expected To Continue To Decline To More Plausible Numbers By June 11, When A.p. Says More Generics Will Go On Sale.

As For Viagra, The Little Blue Pill Was Launched As The First Pill For Impotence Back In 1999. In The 2014 Settlement, Teva Noted That Pfizer Enjoyed $1.3 Billion In U.s. Viagra Sales In The Previous Year.

A.p. Notes That In Preparation For The Patent Running Up, Pfizer Offered Two New Discount Programs And Increased Its Copayment Discounts. Men Without Insurance Could Get The Brand-name Little Blue Pill For 60 Percent Off Through Its New Delivery Program, Pfizer Direct.

This Means That A Month's Prescription Could Be Slashed Down To As Cheap As A $30 Copay. Erik Gordan, An Analyst At The University Of Michigan, Described This Measure And Ordeal To A.p. As The "most Comprehensive Pricing And Marketing Response I've Seen To A Generic.


Generic Viagra Hits Us Market Next Week As Pfizer's Patent Protection Ends Generic Viagra Hits Us Market Next Week As Pfizer's Patent Protection Ends Reviewed by Unknown on 12:26 Rating: 5

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