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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 (1529)4/23/1998 5:14:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 9523
 
Yes Celebra is a COX-2 Inhibitor. MRK,
Seale and a few other companies are well on their way to getting this class of drugs to the Market. You can read the press release from MRK's COX-2 drug to get a feel for how they operate.

biz.yahoo.com



To: Anthony Wong who wrote (1529)4/23/1998 5:19:00 PM
From: Anthony Wong  Respond to of 9523
 
From Bloomberg: Vivus Rises as Analysts See Boost From Use of Pfizer's Viagra

Bloomberg
April 23, 1998, 12:46 p.m. PT

Vivus Rises as Analysts See Boost From Use of Pfizer's Viagra

Mountain View, California, April 23 (Bloomberg) -- Vivus
Inc. shares rose as much as 55 percent on expectations that the
company's impotence treatment would benefit from a ''coattail''
effect of Pfizer's new impotence pill, Viagra.

Shares of Mountain View, California-based Vivus rose as much
as 4 7/16 to 12 7/16 in trading of more than 12 million shares,
more than 10 times the stock's previous three-month average.

The shares jumped after an analyst at Cruttenden Roth Inc.
released a report saying that Vivus's Muse product would
eventually benefit from the rush to try Pfizer's Viagra, analysts
said. A number of patients won't derive benefit from Pfizer's
pill and then may look for something else, analysts said.

''When patients fail Viagra, they're going to go to Muse,''
said Steve Lisi, an analyst at Mehta Partners. ''I'm a complete
believer in the coattail theory.''

Prescriptions for Muse are on the decline now and probably
won't pick up for a while until some patients start to give up on
Viagra, Lisi said. ''No one knows what the timing is,'' he said.

Vivus shares also rose when Pfizer's drug was first approved
last month, on anticipation that the publicity surrounding the
impotence pill would expand the overall market for impotence
treatments. Vivus' Muse system delivers an anti-impotence drug
through the urethra.

Nearly a third of the men who try Viagra won't be helped by
the pill, the company and U.S. Food and Drug Administration said
when it was first approved. Add to that side effects -- such as
headache and dizziness -- that may discourage some users, and the
potential for spill-over into Vivus's product exists, analysts
said.

Analysts say Viagra could have sales of between $1 billion
and $4 billion a year eventually. Its sales so far have exceeded
expectations.

Doctors say that at any one time, 10 percent of adult men
suffer from impotence. Episodes increase with age, particularly
in those with medical problems such as diabetes, high blood
pressure, alcoholism or obesity. Psychological issues also play a
role, though doctors say that treatment of physical symptoms can
help resolve them.

Texas-based Zonagen Inc. and TAP Holdings Inc., a joint
venture of Abbott Park, Illinois-based Abbott Laboratories and
Japan's Takeda Chemical Industries Ltd., are also developing oral
medications to treat the condition.

--Kristin Jensen in the Washington newsroom (202) 624-1843 with