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

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

PFE 25.21

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9:46 AM EST

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To: Perry who wrote (2204)	5/7/1998 1:22:00 PM
From: Anthony Wong	Read Replies (2) of 9523

Perry, here's the excerpt from today's London Times: BTP, the chemicals company, was the star performer. Dealers are beginning to re-evaluate the impact of its contract to supply chemicals used in Viagra, Pfizer's "magic bullet" treatment for male impotence. Its shares jumped 29p to 475p on news that the drug, available for œ16 only on prescription in the UK, is already out-selling Prozac in some US states after being on sale for less than two months. There are also rumours that Pfizer is close to securing regulatory approval to sell the drug over the counter in the UK. My interpretation is that it is outselling Prozac now in some states, doesn't mean the total prescription number is higher than that for Prozac. If it is sold over the counter in the UK, watch for the demand. It's easy for people from other European countrires to go to the UK to get the pills rather than et it in their own country with a prescription.

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