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

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

PFE 25.04

+2.6%

Nov 21 9:30 AM EST

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To: BigKNY3 who wrote (5776)	10/2/1998 11:01:00 PM
From: BigKNY3	Read Replies (1) of 9523

Pentagon Sees Spending $50M To Provide Viagra WASHINGTON (AP)--The Pentagon estimates it will spend around $50 million in the coming year to provide Pfizer Inc.'s (PFE) impotence drug Viagra to American troops and military retirees. The cost - roughly the price of two new Marine Corps Harrier jets or 45 Tomahawk cruise missiles - is among the unexpected military expenses that Pentagon officials recently told Congress have come up since they made their original 1999 budget requests. "Viagra sort of burst on the scene," Pentagon spokesman Jim Turner said Friday. Based on the number of soldiers, sailors, pilots, Marines and retirees asking for Viagra so far at military clinics and hospitals, Defense Department health officials estimated that if the drug were given to everyone who wanted it, the cost could top $100 million. But the military is limiting Viagra to men diagnosed with erectile dysfunction by a doctor. Also, no one is allowed more than six pills a month, and according to a written Pentagon policy, "'lost', 'stolen', or 'destroyed' tablets will not be replaced." Viagra costs $8 to $10 a pill. At that rate, the Pentagon's estimate of spending $50 million would pay for 5 million to 6 million of the pills. The Pentagon provides health care to about 1.2 million troops and 5 million dependents and retirees.

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