Pfizer Sells SF5.3 Mln of Viagra in 6 Months in Switzerland
Bloomberg News February 17, 1999, 9:40 a.m. ET
Pfizer Sells SF5.3 Mln of Viagra in 6 Months in Switzerland
Zurich, Feb. 17 (Bloomberg) -- Pfizer Inc., the fourth- largest U.S. drugmaker, said it sold 5.3 million Swiss francs ($3.7 million) of its anti-impotence drug Viagra in the first six months of sales in Switzerland, making it one of the country's fastest-selling drugs.
Pfizer AG, Pfizer's Swiss subsidiary, sold 530,000 Viagra tablets -- or one for every 6.4 men -- in Switzerland in the six months through December, the company said. The ''consistently high demand'' for Viagra proves that many Swiss men suffer from sexual problems and that treatment with Viagra satisfies a medicinal need, said Martin Weilenmann, director of pharmaceuticals for Pfizer AG.
Viagra became the fastest-growing prescription drug in the world after it was introduced last year in the U.S., Europe and elsewhere on a wave of publicity not seen for any drug since Eli Lilly & Co.'s blockbuster depression drug Prozac. Still, Pfizer is not sure if Viagra is the best-selling drug in Switzerland.
''It could be that Viagra is the best-selling or it could be (Roche Holding AG's anti-obesity drug) Xenical,'' said Philipp Kampf, a spokesman for Pfizer AG.
Pfizer said an added benefit of the introduction of Viagra in Switzerland is that more men have been willing to seek help for erectile disorders.
Thirty-one percent of men report they have sexual problems although they rarely receive medical treatment for their condition, according to a study that appeared this month in the Journal of the American Medical Association.
--Cary O'Reilly in the Zurich newsroom (411) 224-4111/ph
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