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

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To: Claud B who wrote (6835)5/26/1999 7:12:00 AM
From: Linda Kaplan  Read Replies (1) of 7041
 
PFE is leading the way in the UK, so if Vasomax ever does get approved there, UK may be able to prescribe it. Of course, I don't think there'll be repeat scrips since I don't think it works, but this release is potentially good news for ZONA's hopes in the UK:

Headline: Court rules against UK government in Viagra case

======================================================================
LONDON, May 26 (Reuters) - England's High Court on
Wednesday ruled that government advice limiting the availability
of the anti-impotence drug Viagra via the state-funded National
Health Service was unlawful.
Ruling on a legal challenge brought by Pfizer Ltd (NYSE:PFE),
Judge Justice Collins ruled unlawful a circular issued by the
Health Department telling doctors to prescribe the drug at NHS
expense only in exceptional circumstances.
Pfizer had brought the case following advice issued when the
drug was approved last September. Health Secretary Frank Dobson
said earlier this month that NHS prescriptions would be
restricted to men who have been treated for prostate cancer and
patients with conditions such as diabetes, multiple sclerosis
and Parkinson's Disease.
The judge said that evidence before him suggested that 1.8
million men in this country suffered complete erectile
dysfunction and another eight million were partially affected.
He said that Viagra was regarded as the most desirable
treatment available for the condition which if not treated could
lead to depressive illness, loss of self-esteem and loss of
confidence.
However, he said the cost to the NHS of prescribing Viagra
would run to tens of millions of pounds a year unless some
restrictions were placed on its use.
The court granted the government leave to appeal.

Copyright 1999, Reuters News Service
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