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Biotech / Medical : Zonagen (zona) - good buy?

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To: drsvelte who wrote (2997)3/25/1998 10:11:00 AM
From: Craig Markell  Read Replies (1) of 7041
 
Zonagen Gets Patent For Impotency Drug Vasomax

THE WOODLANDS, Texas (Dow Jones)--Zonagen Inc. (ZONA)
received a patent for Vasomax, an oral formulation of phentolamine
mesylate for treating sexual dysfunction.

Zonagen licensed the drug as a treatment for male erectile dysfunction to
Schering-Plough Corp. (SGP) in November.

In a press release Wednesday, Zonagen said the patent also covers an
on-demand treatment for female sexual dysfunction.

As reported Tuesday, a group of Zonagen holders filed a suit seeking
class-action status against the company, alleging it issued false and
misleading statements concerning Vasomax's side effects and efficacy.
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