Projected Sales for the ED Drugs Low in the Year 2006
Everybody knows about Viagra, the first ever anti erectile dysfunction oral pill that was launched in the year 1998 to treat the erectile dysfunction in men.
Viagra had reached the target sales of 1 billion dollar very quickly in its annual sales soon after its launch. But the performance of Viagra sales in the market has never been the same again like this. In fact Viagra sales growth failed to impress in the past year that is 2005.
There may be many factors attributing to it. In a report issued on Tuesday, Deutsche Bank analyst Barbara Ryan said the erectile dysfunction drug market was hampered by "anemic" growth, despite the recent entry of Cialis and Levitra. Ryan said Viagra commanded 60 percent of market share, with 26 percent for Cialis and 14 percent for Levitra. "At this point, it's more [a matter of] the three players grabbing share from each other," said Al Rauch, analyst for A.G. Edwards & Sons. "We're not expecting the market to grow substantially."
Out of the many reasons, one reason can be this that the Erectile Dysfunction drug sector was hard hit by the report last year that the erectile dysfunction drugs cause vision loss. There were more cases of Viagra reporting this side effect than other ED drugs like Cialis and Levitra.
Source: CNNMoney.com, January 8, 2006 |
