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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 (2790)5/23/1998 3:28:00 AM
From: Richard Ogier  Read Replies (1) | Respond to of 9523
 
You wrote:

"The news could delay the approval of Viagra in Europe and other parts of the world."

Earlier you posted a note making it clear that 6 deaths among 1,000,000 men is statistically insignificant (in proving anything about Viagra). So the news should have very little effect on approval in other countries, as long as the people making the decision in those countries are not idiots. I notice that your posts have a negative bias, which makes sense since you are hoping to buy back at a lower price.

The only reason the FDA reported this non-news is because of media pressure. Otherwise, the FDA would not have reported the deaths since nothing can be concluded from them.

Since we know that 6 deaths in 1,000,000 men is absolutely insignificant, let's have faith that most of the media and the public will be smart enough to realize this. What the news may do is make people aware of the possibility that Viagra might be more dangerous than previously thought, but the drug has already been tested extensively, so this possibility is very unlikely.

Richard