The news that Pfizer has dropped their price for Viagra from $26.06 for a pack of three to $3.00 for a pack of three has been making the rounds on social media in the last few days. It’s been covered by major news outlets like the Wall Street Journal, New York Times, and Bloomberg, and has been seen by over 7 million people. The reaction from consumers has been mixed as many were excited about the price drop but also a few who felt that it was too good to be true. Let’s take a closer look at how much the original Viagra actually costs, what’s changed, and if these price drops will last.

What Is The Cost Of Original Viagra?

Based on the ingredients listed on the bottle, along with some research into the cost of medications and other commodities, we can get a rough estimate of how much money consumers are spending on Viagra these days. This is the cost breakdown:

  • $17.20 – Cost of the active pharmaceutical ingredient (API) sildenafil.
  • $1.00 – Cost of the inactive pharmaceutical ingredients (inactive ingredients or fillers)
  • $4.94 – Cost of one pack of 3x90mg tablets (based on average wholesale prices)
  • $26.06 – Total cost of one month’s supply
  • $3.00 – Actual cost per pill (based on average wholesale prices)
  • $26.06 – Total cost of one month’s supply (based on actual costs)
  • $3.00 – Average price per pill (based on actual costs)
  • $26.06 – Total cost of one month’s supply (based on average wholesale prices)

So in one month, consumers are spending $26.06 on average to satisfy their erectile dysfunction needs. Keep in mind that this is just a rough estimate and may not account for all the costs, as there are other costs associated with getting the medication, like insurance coverage and any possible side effects. Hopefully, this gives you a good idea of what it costs for one month of Viagra. Now let’s take a quick look at how much Pfizer is now charging for the original medication compared to a couple of months ago:

What Has Changed?

When comparing the cost of original Viagra today compared to two months ago, we see that there has been a significant price decrease in the last couple of months. Specifically, Pfizer has dropped the price by 83%. Is this because generic competition has finally taken its toll and driven down the cost of sildenafil, or has something else been going on? It’s probably a little bit of both, but let’s take a closer look:

Last year, Pfizer launched a new brand of Viagra called Revatio, which is actually injected directly into the penis rather than taken orally. So from a pharmaceutical standpoint, this is a whole different ballgame compared to oral Viagra. Revatio has much more of an advantage over the older drug because it is a more targeted therapy and doesn’t work for everyone. In fact, only those with certain heart conditions should take Revatio, and even then, the dose might be higher than recommended. This being said, Revatio is a whole other bag of tricks and is substantially more expensive than oral Viagra. The injection could be considered a new drug application (NDA), and according to the FDA, NDAs for new drugs are approved on average every two hours in the United States right now. So it’s no wonder that revatio has been approved so quickly!

There are also other factors that could be driving the cost of sildenafil down. For instance, sildenafil is a medication that often finds its way into the black market. So if you were unable to get approved for insurance coverage for your medication, you may have had to settle for cheaper alternatives that are illegally manufactured and cost-effectively priced. However, it’s important to keep in mind that the cost of these alternatives usually goes up and up, which is why you should only ever buy from reputable manufacturers and legal markets. In some cases, this will even apply to branded medications as well.

Whatever the reason is behind the plummeting cost of sildenafil, you can be sure that it’s a welcome addition to anyone’s medicine cabinet. For those who need it and are able to get their hands on it, it’s not expensive ($26.06 for a month’s supply) and provides significant relief from sexual dysfunction.

Do These Price Drops For Viagra Last?

As we noted above, the price of oral Viagra has dropped by 83% in the last two months. Does this mean that we can expect to see similar price reductions for all ED medications? Not necessarily. Just because Pfizer has reduced the price of one drug doesn’t mean that all other brands have followed suit or even that other medications within the same class have been reduced in price. From a class perspective, sildenafil is just one of the many oral medications that can be used to treat erectile dysfunction. So even though it has a significant price drop, it’s still quite expensive compared to other medications within the same class. The point is, until insurance coverage or pharmaceutical company negotiations change, prices will remain high and may even increase. However, one thing is for sure – consumers will always have alternative medications and treatments available.

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