Photo: C.P.StormLast summer, a court ruled in favor of Pfizer’s patent on Viagra, extending its monopoly on the product through 2019. Many jokes were made when Viagra was first marketed, with Jay Leno remarking that it would keep comedians in business for years. With the patent extension, the price of Viagra will remain high for another 8 years.
There are many implications of this, but my question is the narrow one: What related markets will be affected by the absence of a generic equivalent of Viagra and the product’s continuing high price, and how?
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Indian generic manufacturers continue their booming internet sales.
The fact that all the erectile dysfunction drugs are still under patent and manufactured directly by the brand companies makes it easier to police for poor-quality counterfeits — anything that proclaims itself to be “generic Viagra” or “herbal Viagra” can be immediately investigated; any pill claiming to be Viagra but not coming from a Pfizer site can be caught, too. There’s still lots and lots of counterfeit Viagra out there, mind you, but at least it’s possible to wrap one’s head around the problem.
Once the patent expires and any chemical company _could_ be a legal source of sildenafil, I imagine both the legitimate and black markets will be flooded with “generic Viagra”; and it will be very, very difficult to figure out which pills are made with the appropriate quality control and which aren’t.
personally i don’t believe erectile dysfunction exists in most cases – i think it’s more just being utterly uninterested in doing it anymore with the same person.
Hot debate. What do you think?
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Well… we’ll see lots of gringos buying Generic Viagra in Mexico. Sildenafil is a generic now in Mexico, even Wallmart has its own kind, I think it is about 1.50 USD a pill, or maybe less.
And yes… I think you don’t need a prescription for that.
The government doesn’t want the prices of these types of drugs to come down to a level where the masses can afford them. Rape and pedophilia would rise, no pun intended, too much. You won’t read that anywhere in the mass media though.
Letters of patent described in the USA Constitution were legalized to protect people with new inventions to encourage new developments, not to stifle competition. Any patent over a set number of years serves only to stop general use of inventive ideas. Continuously extended the patent is a method of knowledge into a non-competitive state, which is tyranny. Any patent in a free society is questionable in its justice to all other citizens. It is very anti-freedom, sort of like the nanny Marxist ideal/mind. Possessing knowledge and not allowing anyone else to use it is EVIL.
PFIZER LOST PATENT IN,,brazil,newzland,,and in europe THE EU gave TEVA the biggest generic company in the world the right to sell APPROVED GENERIC VIAGARA in all europe under name ” abra”,,and in eygpt where pfizer have viagara factory decreased the price lately for 1.70$ for teh 100mg pill,,and here in states,,,the judge gave pfizer another 7 years extension where they are selling the 100gm pill for 25$,,,( without insurance)…where all over the world ,,the viagara or its generic went for 2-5 $ the pill,,,you ,,figure it out where the mafia is,,,,