Yes. About 80 to 90 per cent of the cases of phimosis are in the initial stage and are not very severe, so they can be treated by applying topical steroids. One of the major varieties of topical steroid, which can easily be purchased over the counter from a pharmacy, is betamethasone cream. Physicians prescribe the application of a mere 0.05 per cent of this cream to the exterior and interior portions of the tip of the foreskin twice or thrice every day. This treatment should go on about three months and be discontinued thereafter, as it is ineffective if the period of three months has elapsed and the foreskin has still not become retractile. If the foreskin has not become retractile even after three months of applying the betamethasone cream, then the doctor would recommend the patient to undergo a conservative surgery, which is the second step of the treatment. If it is not cured even by this method, then they suggest the last resort method of treatment, which is circumcision.