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

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To: Brander who wrote (3974)5/8/1998 7:38:00 PM
From: Linda Kaplan  Read Replies (2) of 7041
 
All: We heard that Zonagen was trying to get approval to market Vasomax in Mexico. Vasomax is not approved in the US. Viagra IS approved in the US and look at Mexico's response to the request to market Viagra in Mexico. In view of this, who thinks that Vasomax will succeed in being marketed in Mexico?

Headline: Mexico says will block Viagra imports for now

======================================================================
MEXICO CITY, May 8 (Reuters) - Mexico will block imports of
the new impotence drug Viagra until there is more proof that it
works, the country's health minister said on Friday.
"For now we are not going to register it (as a legal drug)
because it is not a medicine that has shown effects of
improving male impotence," Health Minister Juan Ramon de la
Fuente told the government news agency Notimex.
Thousands of men in the United States would disagree,
saying the prescription medicine developed by New York-based
Pfizer Inc. (NYSE:PFE) has improved their sex lives. It was
approved by the U.S. Food and Drug Administration in March.
Health experts in Mexico also have warned men in this
heavily macho society against gobbling Viagra, stressing that
it is drug for a specific medical condition and won't improve
the sexual prowess of men who achieve an erection normally.
De la Fuente, quoted by Notimex in Barcelona, where he was
attending an international health conference, said Viagra
"appears to be beneficial in some cases" but urged caution
because the drug was not a "magic pill."
The government already has warned pharmacies in Mexico --
where all manner of prescription drugs are available over the
counter -- against selling Viagra to people without a
prescription.
"Medicine used indiscriminately can have harmful effects on
health," de la Fuente said.

Copyright 1998, Reuters News Service
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