Doctor defends free handouts of Viagra
A Dublin doctor has defended the millions of euro of taxpayers’ money spent making Viagra and similar products free for medical card holders.
Dr Colm Brady, a GP who specialises in impotence treatment, said the results of treatments for erectile dysfunction far outweigh the costs.
He said the tablets are generally used by over-70s and, as widespread medical card availablity becomes more restricted, the bill for these medicines will be reduced.
Pfizer’s future tied to biotechnology
The Pfizer Inc. of the future will concentrate less on blockbuster pills like Viagra and Lipitor and more on targeting unmet medical needs through biotechnology.
In an interview with the Tribune, Chairman and Chief Executive Jeffrey Kindler said Pfizer no longer wants to rely primarily on a few multibillion-dollar blockbusters. That, he said, is the key reason Pfizer last month announced its $68 billion acquisition of Wyeth, one of the first large pharmaceutical companies to invest in biotech.
Instead, the world’s largest drug company is focused on biotechnology-derived vaccines and drugs that target such diseases as cancer and Alzheimer’s, a change from its focus on routine maintenance pills for cholesterol, blood pressure and depression.
Swiss Allege Price Fixing on Viagra and Cialis
Swiss authorities have accused Pfizer and Eli Lilly of conspiring to fix prices for Viagra and Cialis. The news has created the best Bloomberg headline ever: “Pfizer, Lilly, Bayer Operated Erection-Drug Cartel, Swiss Say.”
A couple of days ago BNET noted that Pfizer and Lilly appear to have frozen Bayer’s Levitra out of the market. The two ED brands have come to dominate global sales of penis pills. This was my explanation:
Appeal fails for Viagra scam ringleader
An Elstree man jailed for his part in a multi-million pound impotence drug scam has failed in an appeal against his sentence.
Ashish Halai, 34, of Nicholas Road, was at the heart of a five-year plot to sell millions of fake Viagra and Cialis pills, used to treat impotence, and Propecia, used to treat hair loss.
In 2007, he was jailed for four-and-a-half years, but he appealed and the case was heard at London’s Criminal Appeal Court yesterday.
Lawyers argued that the sentence was “manifestly excessive” but Lord Justice Toulson told the court large profits were made from the operation, which he described as a “sophisticated commercial enterprise”.
Viagra may protect heart
Tests in mouse hearts show that sildenafil, the key ingredient in Viagra, may shield hearts from damage caused by high blood pressure, a new study suggests.
Investigators said that sildenafil appears to influence RGS2, a single protein essential in the reactions that initially protect the heart’s blood-pumping function from spiraling into heart failure. The findings, published online Monday in The Journal of Clinical Investigation, suggest that sildenafil may prove useful in the treatment or prevention of heart damage due to chronic high blood pressure.
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