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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.88+1.5%Nov 12 3:59 PM EST

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To: Caroline who wrote (3087)5/31/1998 12:26:00 PM
From: Solid  Read Replies (1) of 9523
 
Bigk-

How about this one...Zanogen -and does June mean it would be available when? I dislike ambiguous wording as with the 2nd to last paragraph here. I think it means by end of June they will be ASKING for FDA to look into approval.



RESEARCH - NEW, FASTER IMPOTENCY DRUGS IN
WORKS
Dayton Daily News

* Analysts say those looking to cut into Viagra's
market share may fare even better.

NEW YORK - While the frenzy for Viagra
continues, drug companies are developing
competitors that could work faster or eliminate some of the side effects of
the impotence treatment.

The market is vast and its growth has been phenomenal. More than 1 million
men have filled prescriptions for Viagra, made by [ Pfizer Inc. ] , since it was
approved by federal regulators March 27.

Analysts say Viagra could reach $1 billion in sales this year. The next
impotence drug isn't likely to emerge until next year, and by then, drug
makers looking to cut into Viagra's market share may fare better if their
treatments work faster or last longer.

"The second or third drug on the market, as long as it's safe and effective,
should also do well," said Hemant K. Shah, an independent industry analyst
in Warren, N.J. "But Viagra will be quite entrenched."

[ Zonagen Inc. ] , of The Woodlands, Texas, may be next in line. It recently
completed clinical tests on Vasomax, which dissolves more rapidly in the
stomach than Viagra.

Jean Anne Mire, the company's vice president of investor relations, said a
patient can develop an erection within 15 to 30 minutes of taking Vasomax.

Zonagen expects to formally ask the Food and Drug Administration to
approve the drug by the end of June.

Pfizer is working on a Viagra wafer that could dissolve in the mouth in
seconds, which would let patients take the drug only minutes before sex.

(Copyright 1998)

_____via IntellX
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