Viagra, a best-seller for Pfizer Malaysia

27 September 2001

The erectile dysfunction drug Viagra (sildenafil) has become one ofPfizer Malaysia's biggest sellers since it was launched in that country over two years ago, according to the company's chief executive, Radzmi Rahmat, who added that the pill currently accounts for about 20% of annual pharmaceutical sales. When the product was first being rolled-out, Mr Radzmi described the sales potential of the drug as "mind boggling," suggesting that domestic turnover could reach over $260 million annually.

Viagra was among Pfizer's three best-selling drugs in Malaysia last year, he says, the others being the cholesterol-lowerer Lipitor (atorvastatin) and the anti-hypertensive Norvasc (amlodipine). Together, they contributed about 60% of the company's revenue last year. Mr Radzmi said Pfizer Malaysia expects its sales of pharmaceutical products to increase 30% this year, which is down from the 50% rise reported for 2000.

Pfizer began operations in Malaysia about 37 years ago and currently distributes more than 30 pharmaceutical products in the country. It plans to introduce further compounds through its R&D center, the first of which will be antimigraine, antipsychotic and analgesic drugs.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Company News Directory

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight