Pfizer Viagra in India

TUESDAY, DECEMBER 20, 2005: “We are launching Viagra in India for the benefit of those customers who trust the quality of the original brand,” Kewal Handa, managing director of Pfizer’s Indian unit

THURSDAY, DECEMBER 22, 2005 – Pfizer set to introduce Viagra next week despite a crowd of copies of Indian Pharmaceutical companies

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Still, Pfizer expects to grab a 15 percent share of the estimated 700 million-rupee market for impotence drugs within a year, Handa said. Viagra’s worldwide revenue fell 11 percent to $1.68 billion last year, accounting for 3.2 percent. Pfizer Viagra costs Rs 463, Ranbaxy Laboratories Caverta Rs 95 just a sense.

According to Pfizer 1 tablet of Viagra, or sildenafil citrate, is sold every 06 seconds worldwide. But Viagra’s dominance has since been eroded by drugs like Eli Lilly’s Cialis, the active ingredient of which is tadalafil. Bayer and GlaxoSmithKline sell yet another impotence drug, vardenafil, under the brand names Levitra and Vivanza

Viagra counterparts are made by some of the biggest drug makers in India, including Ranbaxy (Caverta, Rs 95), Cipla (Silagra Rs 75) , Sun Pharmaceutical Industries (Edegra, Rs 75) and Cadila Healthcare (Penegra, Rs 85). In the US, for instance, Viagra is priced at $12 per tablet, Pfizer top-brass said.

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