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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?


To: Anthony Wong who wrote (8171)8/3/1999 8:50:00 AM
From: manny t  Read Replies (1) | Respond to of 9523
 
Celebrex has surpassed Viagra as the top selling new drug ever.

From Market Watch via eSignal Online.

Manny T.



To: Anthony Wong who wrote (8171)8/30/1999 8:51:00 PM
From: Anthony Wong  Respond to of 9523
 
Viagra said safe in some heart patients

Updated 9:49 AM ET August 29, 1999

By ED SUSMAN

BARCELONA, Spain, Aug. 29 (UPI) Although implicated in
numerous sudden deaths, researchers say the anti-impotence
drug Viagra is safe for people with high blood pressure, a
leading cause of heart disease.

In a presentation at the annual congress of the European
Society of Cardiology in Barcelona, scientists for Pfizer, the
manufacturer of Viagra, said the incidence of lower than
normal blood pressure, dizziness and loss of consciousness
was similar for people taking the drug and those taking placebo
pills.

More than 12 million prescriptions or 82 million Viagra pills
have been issued since the drug was introduced in April 1998.

Dr. Ian Osterloh, director of sexual health, Pfizer Limited,
England, said Viagra was used by more than 700 patients
undergoing various treatment for high blood pressure and there
was no difference between the drug and placebo for these
patients.

More than 300 patients were taking placebo. "However,"
Osterloh said, "Viagra is absolutely contra-indicated when
co-administered with nitrates (such as nitroglycerine) with
Viagra." The combination can produce dangerous even fatal
low blood pressure, he said. But Osterloh said there did not
seem to be any problem with combining Viagra and
anti-hypertensive medicine or even multiple regimens of anti-
hypertensive medications.

"In this study of over 1,000 patients, the incidence of adverse
events in Viagra-treated patients taking anti-hypertensive
agents was similar to the incidence of adverse events in
Viagra-treated patients not receiving anti-hypertensive
medications,"Osterloh said.

He also said that other common side effects headache,
stomach upset and abnormal vision were also similar between
the patients on highblood pressure drugs and those who
weren't using the drugs.

Dr. Eva Swahn, professor of cardiology at University Hospital,
Linkopking, Sweden, said Viagra should not be used in
patients who have heart conditions caused by ischemia poor
blood flow to the heart. Patients with this condition are usually
prescribed nitroglycerine or similar compounds for chest pain,
she said.

"But there are still a large number of cardiac patients who
could benefitfrom Viagra," Swahn said, including those with
valvular heart disease, patients with high blood pressure and
some other heart conditions. Although reports of deaths
following Viagra use were frequent, analysis ofthe data found
that the numbers of deaths which exceeded 100 last year were
not out of line with the normal death rate for people of the
same age and medical history.



To: Anthony Wong who wrote (8171)8/30/1999 8:54:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 9523
 
Monsanto's Celebrex Gets Quick Review for Cancer Use (Update2)

Bloomberg News
August 30, 1999, 4:16 p.m. ET

Monsanto's Celebrex Gets Quick Review for Cancer Use (Update2)

(Adds closing share information.)

Chicago, Aug. 30 (Bloomberg) -- Monsanto Co. said its
application to market its hot-selling pain drug Celebrex as a
treatment for pre-cancerous colorectal polyps would receive an
expedited review by the U.S. Food and Drug Administration.

Celebrex, which is co-marketed by Pfizer Inc., is already
expected to become a $1 billion-a-year blockbuster treatment for
arthritis. The drug, which acts on a chemical known as Cox-2, is
popular because it is thought to be less likely to cause ulcers
than traditional painkillers.

The group of people at risk for colorectal cancer is a small
market, said James Flynn, an analyst at ING Baring Furman Selz,
though adding new uses for the drug is likely to speed its
acceptance for use in arthritis.

''The broader the indications, the more useful they will
seem and the less people will worry about cost,'' said Flynn.
''In practical terms, it won't have a very big impact.''

The new use stemmed from a trial conducted with the National
Cancer Institute on a rare hereditary disease, familiar
adenomatous polyposis, in which patients develop hundreds of
colorectal polyps. Most people with the condition develop cancer
by age 50. The FDA's so-called priority review means the agency
will try to evaluate the drug's safety and effectiveness in six
months.

Other Uses

''This further illustrates our commitment and efforts to
lead and advance new therapeutic possibilities for COX-2
technology,'' said Philip Needleman, the co-president of
Monsanto's Searle division.

Monsanto is testing the drug for use in other cancers. Merck
& Co. is also trying to expand the use of their competing Cox-2
drug, Vioxx, examining the effects of the drug in patients with
Alzheimer's disease.

Scientists have long thought that older painkillers, such as
aspirin, might play a role in preventing some kinds of cancer,
though Monsanto's research is among the first to establish such a
benefit for a painkiller in a rigorous clinical trial.

Monsanto shares fell 1 1/4 to close at 41 3/4. Pfizer shares
rose 3/16 to 38 13/16.