Viagra Boost from New Use, and Other Tales of Old Drugs Learning New Tricks
Posted on January 24, 2013 at 03:29 AM EST
SUGAR LAND--January 24, 2013--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--The term in the Pharmaceutical-Biotech Industry for using drugs for a new purpose is "drug repositioning." The list of drugs falling under this umbrella continues to grow as companies seek new ways to boost or expand profits. Indeed, some products were found to have such a powerful effect that was different from what was intended that they were released with the new use. Examples include Viagra, Thalidomide and, recently, Botox. Other companies featured: Pfizer Incorporated (NYSE:PFE) , Allergan Incorporated (NYSE:AGN)