Applications of steroid creams (0.05% betamethasone) have been used to manage phimosis medically.  The usual regimen is application of the steroid cream once or twice daily for 4-6 weeks. Studies have shown a success rate of 87% with this treatment. Higher rates of success have been reported with concomitant preputial stretching exercises.
If a patient has concomitant balanitis or balanoposthitis, depending on the etiology, he may be treated with topical antibiotics or antifungals. Patients with diabetes mellitus should be advised on proper serum glucose control.
Buried penis cannot be treated medically. The separate entity of trapped penis following neonatal circumcision has been successfully treated with topical betamethasone and manual retraction