The drugmaker said on Tuesday that it would buy the rights to Viagra from Pfizer Inc, the world's largest maker of Viagra, as part of a deal that will help strengthen its anti-impotence treatment patent.
Viagra, the world's second-biggest drug, had already been on the market and has been available for as little as a day in the United States since it launched on May 1. Pfizer said the sale marks a significant transaction for the drugmaker, which has invested about $1.6 billion in the venture since it launched in late 2015.
Pfizer shares rose 1.3 percent, to $34.80 on the New York Stock Exchange.
Viagra's patent for impotence treatments has been on the market for five years, but it is now scheduled for review by the U. S. Food and Drug Administration.
Pfizer will have about $1.6 billion in cash and a share of the new Viagra division of the drugmaker.
Shares of the company were trading at $34.50.
The deal comes as the drugmaker said the sale marks a significant transaction for its business.
"It's an exciting time for the pharmaceutical industry as we see a new direction in the treatment of erectile dysfunction, and we believe the transaction represents a major positive for the company," said Michael LeVern, Pfizer's CEO. "While we remain committed to making this a cornerstone of our business strategy, we are also working towards setting a benchmark in this area, which will further strengthen the company's reputation for delivering high-quality products."
Pfizer said it had planned to hold a conference call with industry experts at its headquarters in New York on Wednesday to discuss the potential of the deal, which was expected to close in the second half of the year.
Pfizer's patent on Viagra, the world's second-biggest drug, has been on the market for five years, but is still scheduled for final approval by the FDA in late March.
The patent on the impotence treatment was originally assigned to Eli Lilly and Co. and later acquired by Sanofi-Aventis SA.
Lilly and Pfizer said the deal represented a major transaction for the drugmaker. The company had planned to hold a conference call with industry experts at its headquarters in New York on Wednesday to discuss the potential of the deal, which was expected to close in the second half of the year.
Pfizer's stock fell 3.2 percent to $32.25, down 11 percent from its previous close.
Pfizer's shares rose 1.3 percent, to $34.50, down 11 percent from its previous close.
The deal comes as the drugmaker said the acquisition marks a major transaction for its business.
-- Andrew Goldstein-- Reuters contributed to this report.
Reporting by Andrew Goldstein, co-host of
For more on Pfizer, visit Bloomberg
This advertisement does not promote or sell, endorse orsponsored byobiocompatible.com.
You may also like
.
This advertisement does not promote or sell, either independently or in whole, or any product promoted orsponsored byobiocompatible.com.
Viagra is the brand name of the erectile dysfunction medicinesildenafil.
It belongs to a group of medicines called phosphodiesterase type 5 (PDE5) inhibitors.
Viagra increases blood flow to the penis, resulting in an erection.
This medicine is used for the treatment of erectile dysfunction (ED).
This medicine works by relaxing the muscles in the blood vessels in your penis, allowing blood to flow into your penis when you get sexually excited.
Viagra does not cure erectile dysfunction, but it does provide a long-term solution for erectile dysfunction. However, it is important to note that Viagra is not an aphrodisiac; it is intended only for men who are experiencing erectile dysfunction.
Viagra is usually taken about 30 minutes to an hour before sex. However, it can take up to an hour for your erection to improve before fully showing any improvement.
Viagra is only available with a doctor’s prescription. If you have a prescription, you can also find it at our online pharmacy or from your local pharmacy.
Viagra lasts for 4 to 6 hours.
The duration of Viagra’s effects can be seen in sexual intercourse, but it doesn’t extend beyond that.
If your doctor decides to stop using Viagra, it can take up to 24 hours to feel any effect.
Viagra is not intended for long-term use. If you have an existing heart condition, a condition you are already on, or if you are taking other medicines, you should speak to your doctor before using this medicine.
You should not use Viagra if you are allergic to sildenafil or any of the other ingredients in this medicine, if you have heart disease, or if you have low blood pressure.
We have with us superior quality Kheda Viagra which is the genuine, strong and round tablets for Erectile Dysfunction which are the genuine, high quality and superior product which is completely natural and Easy to take as directed by your doctor. We have a expertise in giving you the best results when it comes to sexual health and we are experts in developing sexual health policies as well as guidelines in dealing with sexual problems in men. You can buy Kheda Viagra from our website at a safe and optimum price.
urion Laboratories Pvt. Ltd. (adiqabad)Dubai, India.We are the manufacturers and suppliers of Kheda Viagra which is the genuine, strong and round tablets for Erectile Dysfunction which is the genuine, high quality and superior product which are completely natural and easy to take as directed. We have a expertise in developing sexual health policies and guidelines as well as developing sexual health policies and guidelines for sexual problems in men. We have a expertise in giving you the best results when it comes to sexual health and we have a expertise in developing sexual health policies and guidelines for sexual problems in men.
Kheda Viagra is a natural and easy to take tablet which is completely pure and effective for Erectile Dysfunction which is the most effective medicine for this problem which is curing your sexual problems. It will improve your sex life and make you more ready for satisfying love life.
Kheda Viagra will not help you to overcome the hard time caused by the erectile dysfunction.
How to take Kheda Viagra Kheda Viagra is suitable for the following conditions:• A high temperature of the earth which will cause a reaction of the body when you take Kheda.
• A headache, a loss of sense of taste, a headache, a pain in the back, a cough and cold in the legs.
• The symptoms of an irregular heartbeat, low blood pressure and a sudden loss of consciousness.
• All of which will prevent you from having an orgasm.
For men who have trouble achieving erection (erection) with an erection-enhancing pill such as Viagra, Cialis (Tadalafil), or Levitra (Vardenafil) are often hesitant to purchase or even try to obtain an erection. The best way to buy viagra without a prescription is by going to a pharmacy. A legitimate online pharmacy offers you the best deal, but it’s not the cheapest option. Here’s what you need to know about online pharmacies that will sell you a prescription for Viagra and Cialis without a prescription.
Is Viagra or Cialis the Same Thing as Viagra?Yes! Viagra and Cialis are essentially the same thing. Both medicines are used to treat erectile dysfunction, and they work by helping the blood vessels in the penis relax. This helps to produce an erection when a man is sexually aroused. When a man is aroused, the blood vessels in his penis increase in size allowing for an erection.
Another difference is the cost. Viagra and Cialis cost around $100 to $130 per pill, while Viagra and Cialis are only available online. However, online pharmacies are usually cheaper than brick-and-mortar pharmacies, which means they are a much more affordable option.
How Does Viagra or Cialis Work?Viagra and Cialis work by relaxing the blood vessels in the penis, allowing blood to flow into the penis when a man is sexually aroused. When a man is sexually stimulated, a certain amount of blood can flow into his penis, causing an erection. The blood can then pump out and fill the man’s penis. Viagra and Cialis will not work if the penis is not fully erect, which is why they are called “erectile dysfunction medicines.”
Viagra and Cialis are also available without a prescription. This is because they do not work if a man is sexually aroused. However, if a man is sexually aroused and wants to have sex, the medicine will only work if the man is sexually stimulated. If the man is sexually stimulated, the blood vessels in the penis will relax and allow blood to flow into his penis. This process will not work if a man is not sexually aroused.
You can learn more aboutViagra and CialisandHow They Workby reading these tips:
Viagra and Cialis are approved by the Food and Drug Administration (FDA) to treat erectile dysfunction (ED) and impotence (enlarged penis). However, they are not recommended for use in treating other conditions, such as pulmonary arterial hypertension (PAH), as they are known to cause a dangerous drop in blood pressure.
Viagra and Cialis are approved by the FDA to be taken one hour before sex. Cialis is also approved to be taken about 60 minutes before sexual activity. However, it may take up to 6 hours to work, so you should not take Viagra and Cialis more than once a day.
Viagra and Cialis work by inhibiting the enzyme PDE5, which is responsible for breaking down cGMP, which is a chemical that relaxes blood vessels. By blocking PDE5, Viagra and Cialis will not work. They are also known to cause a dangerous drop in blood pressure, so you should not take Viagra or Cialis more than once a day.
Viagra is only available online at a price that can be less than $10 per pill. Cialis is also available as a generic version of Viagra, but it has the same active ingredient as Viagra.
Viagra Connect is an effective treatment for erectile dysfunction (ED). Erectile dysfunction is a common problem that includes difficulty getting or keeping an erection. If you’re affected by erectile dysfunction, there is treatment and support available that can help, including medicines such as Viagra Connect.
If you have a low libido, understanding the cause of this and getting help to increase your libido, may change the way you think and feel about sex. There is support available that may help, including talking to a professional such as a psychologist or counsellor. Your doctor may be able to refer you for counselling, or you can.
Viagra Connect relaxes the blood vessels in the penis to increase blood flow. This means that you can get an erection when you’re sexually aroused. After sexual activity, your erection will go away as it normally would.
If you’ve decided to take Viagra Connect to treat your erection problems you should swallow one whole tablet with some water, about an hour before you want to have sex. Don’t take more than one tablet a day.,
Remember to read the instructions that come with the medicine carefully, or talk to a pharmacist or your GP if you’re not sure how to take Viagra Connect. They’ll be able to give you more information and support.
Viagra Connect isn’t suitable for everyone, including people with some other health conditions such as heart problems. Talk to your GP or a pharmacist about whether Viagra Connect is the best treatment option for you.
It usually takes about one hour for Viagra Connect to start working., Most people take one tablet about an hour before they want to have sex. But everyone is different and for some people, it may take more or less time to get an erection after taking Viagra Connect.
After sex, your erection should go away normally. If it doesn't, contact your GP, a pharmacist, or.
Once you've taken Viagra Connect, it will stay active for up to four hours.
pepsuddenly lost its active formViagra Connect has now stopped working.
Tell your doctor right away if you're about to become aroused. In some men, brain chemicals that make nerve pain can cause Viagra Connect to work loss-limiting.
Viagra Connect is available in the form of tablets. Some people take Viagra Connect orally, not topically.
To ensure you can get the most out of Viagra Connect, information is then shared through the use of Mailcrautes.
unused medication onlineIs Viagra Connect a drug?Effective for erectile dysfunctionSome medicineswill help your erection but not Viagra Connect.
Some erectile dysfunction treatments work just like Viagra Connect. They may not work for everyone, and may be dangerous and only last for a few hours.
Here is a list of medicines people can ask if anyone I can help with Viagra Connect.
Lithium treatment is notfficialy time loss when taking Viagra ConnectIt works in 24 hours:
https://www.medicines.com.au/pdf/levotrigine-24-hours-legal-pharmacy-medicines/ symptoms of Viagra ConnectNo, Viagra Connect is not a Viagra Connect prescription medicine. It is a symptom and exercise in in the treatment of erection problems.
It's best to take Viagra Connect when you're sexually aroused. It's also important to take it about an hour before you want to have sex.