Viagra Confiscated at Airport by Egyptian Authorities, AP Says
Bloomberg News August 12, 1998, 3:22 p.m. ET
Cairo, Egypt, Aug. 12 (Bloomberg) -- Egyptian customs officials confiscated 721 bottles of Pfizer Inc.'s impotence drug Viagra, worth about $300,000, from an Egyptian-American pharmacist, the Associated Press reported, citing airport officials. The officials said a man, whom they did not identify, arrived from Turkey with the Viagra as well as other drugs; Egypt banned Viagra in May, saying it wanted to conduct its own tests on the drug even though it has been approved in the U.S. While Viagra costs $10 per pill in the U.S., the drug has a black- market value of about $18 per pill, AP said.
Earlier this month, Russia became the fifth country to approve the use of Viagra. (AP, 8/12, www.foxnews.com)
--Nathan Levy in the Princeton newsroom (609) 279-4093 /jjs
news.com |