Well we know this so far..
Monday May 11, 1:23 pm Eastern Time
Pfizer up as new Viagra Rx hit 269,842 - analyst
NEW YORK, May 11 (Reuters) - Shares of Pfizer Inc. (PFE - news) gained Monday amid a
broad Wall Street rally and industry data showed continuing growth in new prescriptions of the
company's recently launched impotence drug, Viagra.
PaineWebber drug analyst Jeff Chaffkin said data from auditing company IMS America showed
269,842 new prescriptions were written for Viagra in the United States during the week ending
May 1.
The data reflect new prescriptions in the drug's fourth full week of sales, Chaffkin said, reflecting
solid growth from the 207,868 new prescriptions written in the prior week.
''They are phenomenal sequential numbers,'' Chaffkin said, referring to the growth from the prior
week, adding that week-to-week growth of only 1,000 new prescriptions is more typical of a
successful newly launched drug.
He predicted sales growth would slow and reach a plateau in coming months, adding that if new
weekly prescriptions settled in the 300,000 range that would signfify annual sales of about $1.5
billion for the world's first impotence pill. |
