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

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

PFE 26.02

+1.2%

Dec 5 9:30 AM EST

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To: BigKNY3 who wrote (4508)	7/21/1998 9:59:00 PM
From: BigKNY3	Read Replies (3) of 9523

Venezuela Approves Sale of Viagra, Should Reduce Counterfeits Bloomberg News July 21, 1998, 12:57 p.m. PT Caracas, July 21 (Bloomberg) -- Venezuela approved the sale of Pfizer Inc.'s impotence treatment Viagra, hoping to end surging sales of counterfeits. The National Health Institute gave final approval yesterday to the sale, ending several weeks of trial, said the company in a statement. Approval should signal the end of a black market for the drug in Venezuela, as well as the end of counterfeits. Some street vendors started passing off reshaped and blue-colored aspirin as the drug during the Father's Day weekend. Venezuela's fascination with Viagra led to the first shipment, slated for test trials, being stolen at the port of La Guaira in May. U.S. physicians have written more than 2.7 million prescriptions for the $10-a-pill drug since its introduction in April. There are no estimates as to how many potential Venezuelan customers exist.

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