February 9, 2010
German men to get cheap version of Viagra
Published: 14 Nov 09 15:08 CET
Online: http://www.thelocal.de/money/20091114-23271.html
Generic drug firm Ratiopharm plans to bring a cheap version of anti-impotence pill Viagra to the German market in 2013, business weekly Wirtschaftswoche reported Saturday.
- Doctors outraged by infant vaccine shortage - National (8 Feb 10)
- At least 94 Catholic abuse cases suspected: report - Society (6 Feb 10)
- Third man confesses in Jesuit sex abuse scandal - National (3 Feb 10)
The US drug giant Pfizer’s patent on the medication is due to expire in 2013. It has been a blockbuster drug for pharmaceuticals giant, earning the company about €350 million a year.
However, competitors have already eaten into Pfizer’s market share.
Although Sildenafil citrate, which is the generic name for Viagra, is most commonly used for curing erectile dysfunction, it can also be used to treat pulmonary hypertension and altitude sickness, and is sometimes used by athletes to increase blood flow to muscles.
The move by Düsseldorf-based Ratiopharm is part of chief executive Oliver Windholz’s effort to lift the company’s sales from €1.6 billion a year to €2.4 billion by 2014.
DDP/The Local (news@thelocal.de)
What do you think? Leave your comment below.
Fark It!
Digg This
Facebook
Share everywhere
Send to a friend
Printable version
Twitter This
SAP shares slump amid leadership shake-up
Shares in German-based SAP, the world's largest professional software group, slumped Monday after the company said Leo Apotheker would step down as chief executive officer to be replaced by two company insiders. READ »
Public worker strike drags on in wage dispute
Public workers’ union Verdi called for strikes in northern Germany on Monday as their wage dispute with state and municipal employers continued. READ (1 COMMENT) »
Watchdog eyes Opel state help
The European Union’s competition watchdog vowed on Sunday to keep a tight rein on how state aid is given to ailing carmaker Opel, as the firm’s parent company prepares its pitch for help from countries including Germany. READ »
Bonuses are back for Opel managers
Top managers at the beleaguered carmaker Opel will once again be eligible for bonuses, sparking anger from company workers facing layoffs, the head of the staff association said Saturday. READ »
40 millionth Ford rolls from production line
The 40 millionth Ford “Made in Germany” rolled from the US carmaker’s plant in Cologne on Friday – some 85 years after starting production in the country. READ (5 COMMENTS) »
New data stokes fears of uncertain economic recovery
Fears that uncertain recovery in Europe's biggest economy could stall were stoked Friday when data showed that German industrial production suffered a sharp setback in December. READ »
Deutsche Bahn closes deal on British train network
Germany's state-owned railway company Deutsche Bahn said Thursday it had won a contract to operate a regional train network in the northeast of Britain. READ (2 COMMENTS) »
Deutsche Bank rebounds with strong 2009 profits
Germany's biggest lender, Deutsche Bank, bounced back last year with a robust net profit of €5 billion following a loss of €3.9 billion in 2008. READ (2 COMMENTS) »
Hartz IV welfare benefits considered too low
A solid majority of Germans believe welfare benefits are too low in their country, according to a survey published on Wednesday. READ (12 COMMENTS) »
Public workers strike across Germany
Public workers’ union Verdi called temporary labour strikes across Germany on Wednesday, cutting service to transportation networks, waste disposal, hospitals, child care centres and municipal administrative offices. READ (11 COMMENTS) »
- 02/02 Siemens unveils 'green' investment in India (2 comments) »
- 02/02 Retail sales post biggest drop since euro launch »
- 01/02 Bafin lifts ban on short-selling »
- 01/02 Germany clashes with Switzerland over tax info (38 comments) »
- 31/01 Westerwelle gives Greece verbal support in debt struggle »
- 30/01 Porsche turns corner after terrible year »
- 30/01 Springer mulls suing over postal wage chaos (1 comment) »
- 29/01 BMW sales slid by almost five percent in 2009 (3 comments) »
- 29/01 No need for 'unease' about Greece, Berlin says (13 comments) »
- 28/01 Siemens to eliminate nearly 2,000 jobs »
See all ads | Join the Marketplace
-
Donath International GmbH
Established removal business with European roots! -
Greenback Tax Services
Expert US CPAs will complete your expat tax return for $299! -
Feelgood Salon
Manicure / Pedicure -
Benchmark Munich - Building Services
Builidng & Construction done by experts -
Dr. Jane Elizabeth Dum
Individual and Couple's Therapy and Counseling -
Meetic
Dating -
Pukka German
Learn German with us!
542 jobs in Germany, in English
368 new jobs this week
48 new jobs today
- Global Regulatroy Affairs Manager
- Global Regulatroy Affairs Manager
- Procurement Manager, Machinery and Automation industry - Suzhou, China
- General Manager/ Sales Director - Shanghai, China
- General Manager, Machinery and Automation Industry - Suzhou, China
- HR Generalist
- Niederlassungsleiter Luft- und Seefracht
- HR Generalist
- Actuary - Product Development
- HR Manager, Germany - CJTW016339
- 09/02 Swedbank reports heavy losses »
- 08/02 EU approves Sweden's Saab loan guarantee »
- 08/02 Tide turns for Swedish bankruptcies: report »
- 05/02 Volvo optimistic as losses mount »
- 05/02 Saab dealers: we'll help pay for Spyker deal »
- 04/02 Swedish daily slashes workforce »
- 04/02 Metro finishes 2009 with a flourish »
- 03/02 Scania cuts dividend as profits fall »
- 03/02 Electrolux stock falls on gloomy forecast »
- 02/02 Peak prices for Swedish mountain holiday homes »
- Brokers Not Only of the Word – German-speaking theater publishers
There is hardly a theatrical profession that has recently been so fostered, celebrated, loaded with prizes and grants as young dramatists.... - A Remarkable Success Story – the Museum Island in Berlin
The billion-euro renovation of Berlin’s museum island is making good progress. - Erna Baumbauer is Dead: The Lady in the Background
Erna Baumbauer was the “Queen of Bavaria” the first female German actor’s agent ever. - A Jewel for the Capital of Culture – the new Museum Folkwang in Essen
One of the attractions of the former industrial city that aspires to transform itself into a city of culture is the Museum Folkwang rebuild: great art has a great location at last.... - When languages die
According to UNESCO, roughly half of the estimated 6,700 languages spoken worldwide are in danger of extinction.
- Germany in good form ahead of Olympics
The German ski-jumping team showed that they are in fine form ahead of the Vancouver Winter... - Afghan farmers replace poppy with saffron in German aid project
A Christian aid project in Afghanistan is encouraging farmers away from the cultivation of poppy... - Germany's Loew to discuss new contract after World Cup
Negotiations between the German football federation (DFB) and Joachim Loew over an extension of the... - British and Germany trade and industry supremos call for unity
The British and German ministers overseeing trade and industry said Friday 5 February at a meeting...
- 13:50 German toilet designs
- 13:49 Registration Office refuses name registration
- 13:42 Veg box bingo
- 13:40 What the hell is wrong with Britain?
- 13:37 Cafe Kultur Berlin
- 13:35 TEFL Scam / Fraud
- 13:34 Translators' meetup, monthly networking event
- 13:34 Temporary stay in Munich with a 3 1/2 y.o.
- 13:21 Italian speakers meetup
- 13:16 Sonar Bangla - Indian restaurant in Maxvorstadt
Foreign Currency Direct voted as offering the best exchange rates. All currency exchange transactions are managed by Ben Amrany. We guarantee that readers of The Local/Toytown receive a 5 star service
FULL DETAILS HERE>>>
Wolfsburg nursery, specialising in an Early Years Programme, seeks English speaking nursery teacher
FULL JOB DETAILS
GBCM is currently seeking experienced and ambitious full/part-time staff in the academic field as well as a flexible office manager for roles in an international environment
FULL JOB DETAILS
MARKETPLACE - promote your business to half a million targeted readers a month on The Local. Find great products and services in Germany or tell The Local's readers about your own business.
CLICK HERE>>>
The Local is seeking talented and experienced media sales professionals for our online advertising sales in Germany
FULL JOB DETAILS
Your comments about this article: