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

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

PFE 25.70

-0.1%

Nov 26 3:59 PM EST

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To: alexander orlov who wrote (1851)	4/30/1998 3:48:00 PM
From: Anthony Wong	Read Replies (2) of 9523

Pfizer's Viagra Demand Prompts Tighter Security, Paper Says Bloomberg News April 30, 1998, 9:34 a.m. PT drug Viagra is in such strong demand that some drug store chains are tightening security to prevent thefts, the Chicago Tribune reported. The drug, which has been prescribed more than 145,000 times in its first two weeks of release, could be a prime candidate for theft and illegal resale because of its relatively high price of $10 a pill and the lack of coverage by some insurance carriers. While no widespread theft of the drug has been reported, Walgreen Co. distributed a memo last week urging pharmacists to take security precautions similar to those used in handling expensive drugs for AIDS treatment, the paper said. Viagra sales could reach $1 billion in its first full year on the market, even if health plans put strict conditions on reimbursing pill purchases and men must pay for the drug themselves, analysts said this week. (Chicago Tribune 4/30, www.chicago.tribune.com) --Mark Hosny in the Chicago newsroom (312) 692-3745/sgw

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