SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.16-0.5%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MARIO PASQUA who wrote (2482)5/14/1998 5:17:00 PM
From: Anthony Wong  Read Replies (2) of 9523
 
Record-breaking Viagra Claims 95% of Market
May 14, 1998 4:25 PM

NEWTOWN, Pa.--(BW HealthWire)--May 14,
1998--In its first month on the market, Viagra, Pfizer's
impotence therapy, generated more new prescriptions
than the company's popular calcium channel blocker,
Norvasc, and Parke-Davis' cholesterol reducer, Lipitor,
which Pfizer co-promotes.

Four Pfizer products were among the top 20
brand-name drugs dispensed in April.

According to Scott-Levin's Source Prescription Audit,
570,000 new prescriptions for Viagra were dispensed in
April -- the most prescriptions ever for a drug in the
United States during its first full month of availability.

To put this into perspective, Lipitor, which many labeled
the most successful launch of all time, had only 26,000
new prescriptions in its first month. The Wyeth-Ayerst
obesity medication Redux, another high-profile launch,
had 149,000 new prescriptions during its first month.

In April, Viagra claimed 95% of new prescriptions in the
erectile dysfunction market. Vivus' MUSE captured 4%
of new prescriptions, while Pharmacia & Upjohn's
Caverject had a 1% share of the market. Urologists
wrote 41% of new Viagra prescriptions, while general
and family practitioners accounted for 23%. Internists
(21%), cardiologists (2%) and general surgeons (1%)
rounded out the top five prescriber groups for Viagra.

More than 50% of Viagra prescriptions were paid for in
cash, with the remainder reimbursed by third-party
organizations. This is not surprising; managed care plans
have adopted stringent guidelines for Viagra
reimbursement. The product costs patients
approximately $9.25 per day. Many insurers will only
reimburse for Viagra if patients have a written statement
from their physician indicating that they suffer from
erectile dysfunction.




Top 20 Brand-Name Pharmaceuticals Dispensed in
April 1998


Brand Company New Prescriptions

1) Zithromax/Z-Pak Pfizer 1,610,000

2) Augmentin SmithKline Beecham 1,250,000

3) Claritin Schering-Plough 1,166,000
4) Premarin Tabs Wyeth-Ayerst 1,031,000
5) Synthroid Knoll 933,000
6) Biaxin/Susp. Abbott 930,000
7) Cipro Bayer 909,000
8) Prozac Eli Lilly 873,000
9) Prilosec Astra Merck 848,000
10) Zoloft Pfizer 710,000
11) Paxil SmithKline Beecham 682,000
12) Amoxil SmithKline Beecham 592,000
13) Viagra Pfizer 570,000
14) Norvasc Pfizer 565,000
15) Lipitor Parke-Davis 562,000
16) Cefzil Bristol-Myers Squibb 534,000
17) Lanoxin Glaxo Wellcome 522,000
18) Ultram Ortho-McNeil 516,000
19) Ambien Searle 495,000

20) Claritin-D 12 Hr. Schering-Plough 471,000

Scott-Levin, a division of PMSI/Scott-Levin Inc.,
provides health care consulting, research and
communications services to pharmaceutical companies
worldwide.

CONTACT: Scott-Levin, Newtown

Jim Charnetski, 215/860-0440
email@scottlevin.com
www.scottlevin.com

16:10 EDT MAY 14, 1998

BW0260 MAY 14,1998 13:09 PACIFIC 16:09
EASTERN

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext