It is good news for many men with erectile dysfunction (ED). After twenty years of Viagra prices of $20.00 or more per pill, Pfizer’s patent on this very-popular brand name drug is set to expire on March 27th, 2012. The new, lower price for generic equivalents is good news because the high per pill pricing of Pfizer’s drug placed it out of reach for many low-income men in need.
Generic versions of Viagra (sildenafil) will contain precisely the same ingredients as the brand name pills. According to Steven Tuckman, the Pharmacy Manager at New York’s Montefiore Medical Center, “It’s the same medication at a lower cost. It’s just going to be cheaper. That’s it!” Thus, the new, lower costs will be very good news indeed. The question is just how soon after the March 27th patent expiration date the generic versions will be available from pharmacies.
According to FDA spokesman Sally Walsh, “Generics typically come out the first day after a patent expires since pharmaceutical companies file an application with the FDA monthly or even years in advance. Our goal is to make them available as soon as the law allows.” This having been said, keep in mind that the new lower prices won’t be as low initially as they will after some time passes. That’s because the first manufacturer who submits an ‘Abbreviated New Drug Application’ to the FDA generally receives a 180-day exclusive permit to sell the generic product. Alot of users may want to increase ejaculation - http://www.increase-sperm.org. Prices can be expected to plummet even more after that 180-day period. Moreover, with other brand-name drugs that have gone generic, the lower prices are all over the place. The best news is that competition in the generic drugs can eventually result in much, much lower prices no matter what the generics will be called.
Three well-known companies, Teva, Torrent and Apotex, have received tentative approval for generic Viagra at different strengths. However, the must receive final FDA approval before they can sell their drug and the FDA treats each strength as a different product. But you won’t see them on the shelves at your local pharmacy until the FDA tenders final approval. It is also worth noting that this product will not work for herpes simplex 1 treatment | http://herpes-simplextreatment.com.
Insurance Companies May Have a Role
Even gentlemen who can well afford the cost of the name brand costs may discover that their insurance companies have mandated that they switch to the new, lower cost generic pills. Simply stated, if the generic pills cost much less, the insurance companies will have to shell out much less, which they obviously prefer to do.
There is probably some good and some bad news here as well. Since most insurance companies do not cover medications such as Viagra at all, it seems very likely that the new generics will sell for a much lower price. Perhaps as much as 50% less than Pfizer Viagra sold for. It is also possible, however, that some insurance companies might start covering these erectile dysfunction pills due to the much lower prices, but they may only cover six pills per month—bad news for people who prefer sex more frequently. It is also possible that pharmaceutical companies who offer competitive ED medications such as Cialis and Levitra, as well as penis extenders - edublogs.com, may begin offering coupons or other discount offers to protect the share of market that they might lose to the new lower-cost Viagra generics.
A Word to the Wise
Many men have turned to the Internet to purchase their pills because Viagra from Internet pharmacies are much lower. Most of these pills are manufactured offshore in countries such as India, who do not have to follow the rigid approval requirements of our FDA. Thus, purchasing any ED medication on the web carries a risk, since you have no assurance as to how they are manufactured or what they actually contain.
Also, check with your doctor before switching to the generics at much lower prices. He will know if the generic medication you choose has a ‘narrow therapeutic index’ (small potency difference) that is acceptable.