PFE (Pfizer) How high will it go? Message Board

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Biotech / Medical : PFE (Pfizer) How high will it go?

PFE 26.88

+4.5%

3:08 PM EST

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To: Anthony Wong who wrote (7827)	6/9/1999 2:50:00 PM
From: Anthony Wong	of 9523

Pfizer's Trovan Antibiotic Use Should Be Limited, FDA Says Bloomberg News June 9, 1999, 2:35 p.m. ET Pfizer's Trovan Antibiotic Use Should Be Limited, FDA Says Washington, June 9 (Bloomberg) -- Pfizer Inc.'s Trovan antibiotic should only be used to treat patients with serious or life threatening illness because of concerns about liver problems, the U.S. Food and Drug Administration said. The FDA said the drug's use -- especially the oral form of the drug -- should be restricted. Spokeswoman Susan Cruzan said the company was working to limit the distribution of the drug. Last month, Pfizer, the U.S.'s No. 2 drugmaker, said that Trovan would get a stricter label in the U.S. and Europe after reports of five deaths and three liver transplants linked to use of the drug. Trovan is an important product for Pfizer, the No. 2 U.S. drugmaker, and had sales of $160 million in 1998, its first year on the market after being approved in December 1997. Pfizer shares fell 1 to 110 in afternoon trading.

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