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? -- Ignore unavailable to you. Want to Upgrade?


To: Anthony Wong who wrote (5567)9/16/1998 11:16:00 AM
From: Anthony Wong  Respond to of 9523
 
Irish Independent: State could face œ20m bill as new drug is approved

By EILISH O'REGAN, Health Correspondent
September 16 1998

THE cost of allowing the anti-impotence pill, Viagra, to
be dispensed free to medical card holders or at a
subsidised price under other State drugs schemes
could reach between œ7m and œ20m, Health Minister
Brian Cowen warned yesterday.

The drug which was licensed for prescription here
yesterday is expected to be available countrywide from
Monday week but it will cost most patients around œ9
a tablet.

The Minister said he is setting up an expert group to
monitor demand for the drug, the prescribing pattern of
doctors and any problems reported over the next three
months, before deciding whether to allow it to be
dispensed under the medical card or the drugs refund
schemes.

The group will be chaired by the Chief Medical
Officer, Dr James Kiely and will also include two
urologists, a hospital consultant and three GPs.

He expressed concern that it will be in demand as a
lifestyle drug by men who are not impotent and warned
the State should guard against any black market trade
as well as protect those who are in danger of taking the
drug without medical supervision.

It will mean that most men wanting Viagra will be
paying around œ9 a tablet for packs of four and eight.
Viagra does not have to be administered every day but
patients have to take one every time they want to have
sex.

According to Peter Kearns, director of Pfizer
Pharmaceuticals it will come in 25mg, 50mg and
100mg tablets and the highest doses are the most
costly. The majority of patients are likely to need a 50g
dose tablet.

A 50g tablet will be sold by the drug company for
œ5.65 but when pharmacists' fees are added on the
patient will pay around œ9. A minority who will need a
100mg dose will pay around double that price.

If allowed on the medical card scheme the cost to the
State for every 50mg tablet would be œ5.65 plus
œ1.69 per prescription fee for the pharmacist.

PROBLEMS

Waterford GP Dr Cormac Macnamara who treats
patients with impotence problems said if it is made
available on the medical card scheme doctors are likely
to prescribe four to eight tablets a month. Irish GPs are
now under pressure to keep their medical card budgets
down and are given financial incentives to do so.

He warned men who are not impotent not take the
drug as every medication has side effects.

Patients need minimal investigation and people on
common medications can take it safely. But those on
nitrates for angina should not use it because large and
sudden drops in blood pressure can occur.

Trials show that Viagra resulted in successful sexual
intercourse 69pc of the time. Dublin GP Dr Stephen
Murphy said all GPs will be allowed prescribe it and
many have undergone recent training in treating the
problem.

Meanwhile, Pfizer which makes ingredients for the
drug in its Cork plant, is to invest around œ300m there
in the next two to three years, creating another 100
jobs.
independent.ie

Viagra due to go on sale here by end of the week
independent.ie



To: Anthony Wong who wrote (5567)9/16/1998 11:29:00 AM
From: Anthony Wong  Read Replies (2) | Respond to of 9523
 
'Hype overshadowing need'
The Telegraph, 16 September 1998


A DOCTOR who worked on the Viagra project from its inception
in 1985 says the hype that has surrounded the drug has
overshadowed the real need among men who suffer impotence.

Dr Gill Samuels, Pfizer's director of science policy, said: "The NHS
spends œ12 million a year on erectile disfunction already, so the
Government's refusal to issue it on the NHS is difficult to
understand."

She said she has never seen a response from patients to equal the
letters Pfizer has received. One read: "This medication has had a
substantial positive effect on my life and marriage. It may be difficult
for someone who has not suffered impotence to comprehend the
effect of the condition on one's life. But the word 'devastating' comes
close."

Dr Samuels described the discovery of Viagra as a "great British
achievement" after the drug was pioneered by British scientists based
at Sandwich, Kent, with more than 1,500 people working on it over
the past 17 years. However she gave a warning: "There is a certain
amount of risk involved in sex due to cardiac workload and it is
important that patients are examined carefully by physicians before
receiving the drug." She said that the 69 deaths which had been
linked to Viagra had been thoroughly investigated.

Regarding the NHS, Dr Samuels said that her firm had been
discussing the price - now agreed at œ4.84 a tablet - for "several
months".