vestwell vestwell vestwell
  • About
  • Contact
  • Testimonials
  • More
    • Demographics & Advertising Rates
    • Terms & Conditions
Friday, May 27, 2022
No Result
View All Result
CALIFORNIA BUSINESS JOURNAL
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness
CALIFORNIA BUSINESS JOURNAL
viagra-70398_1280

How Viagra Revolutionized the Erectile Dysfunction Market

Within weeks following FDA approval, more than 300,000 prescriptions were written for Viagra. In the first quarter, the blue pills brought in a total of $400,000 in revenue for Pfizer which later skyrocketed to a whopping $1.8 billion in annual sales.

by California Business Journal Editorial Staff
A A
Share on FacebookShare on Twitter

Viagra (sildenafil) is one of the world’s most recognized and popular prescription drugs for the treatment of erectile dysfunction (ED).

Often dubbed “the little blue pill,” Viagra was the first inhibitor to be approved by the US Food and Drug Administration (FDA) for use as a prescription drug for erectile dysfunction. Quickly becoming the go-to choice for people with ED, Viagra created a sea of change within the pharmaceutical industry that is still felt to date.

Despite facing stiff competition today, Viagra is still a force to be reckoned with. It’s estimated that 65% of ED prescriptions filled in 2018 were for Viagra or its generic version. This article will discuss how Viagra has revolutionized the erectile dysfunction market.

The History of Viagra

It was an issue that only a few men talked about, preferring to keep silent than face the shame and embarrassment that came with impotence.

ADVERTISEMENT

In 1992, the National Institute of Health formed a panel that sought to remove the stigma associated with impotence, by replacing the term “impotence” with “erectile dysfunction.” But this didn’t solve the problem, either.

However, everything changed on 27th March 1998 when FDA approved Viagra as the first oral treatment for erectile dysfunction. The researchers who discovered Viagra were not even looking for it. Sildenafil, the active ingredient in Viagra, was originally developed to treat heart diseases—specifically, increase blood flow to the heart by blocking a protein called PDE-5.

But all the earlier trials failed and Pfizer—the company behind Viagra, was on the verge of abandoning the project. It was at that time that the nurses realized a weird thing—all the men enrolled in the study were getting erections.

And that’s how Viagra was born.

How Viagra has Revolutionized the Erectile Dysfunction Market

From the moment it hit the market, Viagra saw a rousing success.

Within weeks following FDA approval, more than 300,000 prescriptions were written for Viagra. In the first quarter, the blue pills brought in a total of $400,000 in revenue for Pfizer which later skyrocketed to a whopping $1.8 billion in annual sales.

Today, Viagra is seen as a highly effective, clinically proven solution for erectile dysfunction treatment. The drug is effective in 8 out of 10 cases and side effects are very rare. Its early developments didn’t just provide a remedy for impotence but also opened up a previously undiscussed topic about male sexual health.

However, in 2017 Pfizer lost exclusive rights to the manufacture of Viagra, ushering in a flood of generic versions of the blue pill. This led the sales to drop significantly as new players entered the market. Despite the competition, Pfizer still retains a considerable market share, thanks in part, to the company launching its own generic version of the blue pills.

How Viagra Works

Viagra is a type of erectile dysfunction drug called PDE 5 inhibitor.

PDE 5 inhibitors work by stopping phosphodiesterase 5—an enzyme found in blood vessel walls from working properly. And this is the case with Viagra. It relaxes muscles in blood vessel walls to help increase blood flow to the penis, making it easier to get and keep an erection.

Photo Source: Pixabay.com

Tags: 2018drugsErectile Dysfunctionerectile dysfunction treatmentfoodhealthHow Viagra Revolutionized the Erectile Dysfunction MarketInstitutemedicineNational Institute of HealthPDE 5 inhibitorstudytreatmentViagra
ADVERTISEMENT
California Business Journal Editorial Staff

California Business Journal Editorial Staff

advertisement
Facebook Twitter LinkedIn Instagram LinkedIn

Advertise With CBJ

1REALTOUR-SAN DIEGO-WEB DESIGN
Facebook Twitter LinkedIn LinkedIn Instagram
C B J   LOGO  SVG-01
  • About
  • Contact California Business Journal
  • Testimonials
  • Demographics & Advertising Rates
  • Terms & Conditions

Categories

  • Art & Culture
  • Business
  • Editor's Choice
  • Education
  • Featured
  • Finance
  • Food & Dining
  • Health & Fitness
  • Human Interest
  • Insurance
  • Law
  • Marketing
  • Medical
  • News
  • Newsletter
  • People
  • Popular
  • Real Estate
  • Social Media
  • Technology
  • Uncategorized

CBJ Partner Firebrand Media

Laguna Beach Independent Newspaper
 Laguna Beach City Guide
 Newport Beach Independent Newspaper
Newport Beach Country Club Magazine
  Montage Magazine
 Omni Escapes Hotel Magazine
 Bespoke Concierge New York
 Evans Hotels
 Laguna Beach Magazine
 On The Menu Laguna Beach
 Newport Beach Magazine
Coastal Real Estate Guide (NB,LB, CDM)
Monarch Beach Resort Magazine
 Pacific Coast Magazine (SoCal)
Sea Island Life Magazine
Salamander Hotel & Resorts Magazine
 View our entire portfolio

 

Most Viewed

  • Gavel, scales of justice and law books

    Lawsuit Basics: How Much Does It Cost to Sue Someone?

    0 shares
    Share 0 Tweet 0
  • The Impact of Covid: Racing to Buy Second Citizenships

    0 shares
    Share 0 Tweet 0
  • NFL Paychecks: How Do NFL Players Get Paid?

    0 shares
    Share 0 Tweet 0
  • What to Do When an Online Casino Refuses to Pay Out Your Winnings

    0 shares
    Share 0 Tweet 0
  • New Study: California’s 10 Universities That Produce the Most CEOs

    0 shares
    Share 0 Tweet 0
  • Five Reasons Why The Government Does Not Like Bitcoin

    0 shares
    Share 0 Tweet 0
  • The Only Way

    0 shares
    Share 0 Tweet 0
  • How to Start a Telecommunication Business: A Step-By-Step Guide

    0 shares
    Share 0 Tweet 0
  • Is Virtual Financial the Future of Financial Services?

    0 shares
    Share 0 Tweet 0
  • Best Crypto Faucets You Can Try In 2021 and 2022

    0 shares
    Share 0 Tweet 0

Latest Articles

Moving Day

In Focus: Move Central

How To Improve Your Home Budget Without Changing Your Job

How To Improve Your Home Budget Without Changing Your Job

dollar

Founder Lindsey Head of Head Consulting Is the Latest Entrepreneur to Obtain Financial Backing From Burns Funding

How CBD Vape Juice Is Beneficial For Chronic Diseases

How CBD Vape Juice Is Beneficial For Chronic Diseases

casino-de-monte-carlo

What influence does bitcoin have on Monte Carlo Fashions Limited?

greece-bitcoin

What impression has Bitcoin had on Greece’s retail sector?

Bitcoin

What implications has Bitcoin had on Tunisia’s textile industry?

Bitcoin

What consequence has Bitcoin had on Estonia’s petroleum industry?

cryptocurrency

How can Bitcoin affect Hermès?

bitcoin

What implications has Bitcoin had on Ghana’s meat industry?

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR

No Result
View All Result
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR