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

To: Ms. X who wrote (1538)	4/23/1998 6:44:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 9523

Viagra in Italy this fall!? From the Associated Press: APRIL. 23, 17:17 EST Viagra Maker Consulted With Vatican NEW YORK (AP) -- Before launching its new pill for treating impotence, Pfizer Inc. consulted with medical experts at the Vatican who said they had no objections to the drug, the company disclosed. ''They felt that because impotence can hurt relationships and couples, Viagra can help in improving marital relations,'' Pfizer spokesman Andy McCormick said Thursday. McCormick said the company doesn't normally discuss new drugs with the Vatican, but because of Viagra is used to improve sexual relations, ''we just thought it was the responsible thing to do.'' Viagra has taken the drug industry by storm since it hit pharmacy shelves earlier this month. In its first two weeks, Viagra grabbed an estimated 79 percent of the new prescriptions in the market for impotence drugs. Analysts expect it to bring in $300 million in sales this year, and more than $1 billion annually after 2000. Pfizer hopes to get approval to sell the drug in Italy this fall.