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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.16-0.5%3:59 PM EST

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To: Sonki who wrote (2583)5/19/1998 2:13:00 PM
From: Anthony Wong   of 9523
 
A follow-up to the Indian Viagra clone story:

Indian Companies in Race to Unveil Viagra Clone, Paper Says

Bloomberg News
May 18, 1998, 11:10 p.m. PT

New Delhi, May 19 (Bloomberg) -- Six Indian companies
including Cipla Ltd., one of the country's leading drug makers,
and Orchid Chemicals & Pharmaceuticals Ltd. are vying to
introduce products of the same molecule as Viagra, a drug in the
U.S. which cures impotence in males, the Business Standard daily
said, citing executives of Cipla. Both Cipla and Orchid have
sought the Food and Drug Administration's approvals for their new
products. Indian companies are rushing to introduce the drugs in
the home market before Pfizer Inc. obtains the product patent to
sell in the country, the paper said.

Viagra, unveiled in the U.S. by Pfizer Inc., a New York-
based pharmaceutical company, became that country's best-selling
drug since its introduction last month.
(Business Standard, 05/19, 1, www.business-standard.com)

--Subramaniam Sharma in New Delhi (91-11) 336 8876 through the
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