Downfall of Cialis¡¤Viagra¡¦market taken over by generics
By Chon, Seung-Hyun | translator Alice Kang
21.09.06 06:20:08
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Erectile dysfunction market in Q2 sold ₩29.5 billion¡¦shows recovery from COVID-19 depression
Local generics including Palpal¡¤Sendom¡¤Gugu lead the market
Viagra¡¯s rank falls to 4th for the first time¡¦ Cialis¡¯s prolonged slump continues
¡®Viagra,¡¯ which had once held a commanding lead over the erectile dysfunction treatment market, is having trouble making a comeback. After being taken over by domestic generics Palpal,¡¯ and ¡®Sendom,¡¯ it had also been outrun by another local generic, ¡®Gugu.¡¯ Lilly¡¯s Cialis is also having trouble making a comeback due to generic competition.
According to the pharmaceutical research institution IQVIA, the oral erectile dysfunction treatment market in Q2 marked ₩29.5 billion, showing a 48% YOY increase. Also, this was a 3.1% increase from the previous quarter.
The erectile dysfunction treatment market had seen a reduction in sales in Q1 and Q2 of last year and had only started mak
Chon, Seung-Hyun(1000@dailypharm.com)
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