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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 (2979)5/28/1998 6:47:00 PM
From: Kenneth R Miller  Read Replies (2) | Respond to of 9523
 
Has the thread read this one yet?
NEW YORK, May 28 (Reuters) - With a drug potentially better
than Viagra in clinical trials, the next biotechnology stock to
watch might be that of ICOS Corp., according to the June 8
issue of Business Week.
Jim McCamant, editor of Medical Technology Stock
newsletter, told Business Week ICOS' anti-impotence pill, "will
be a potentially better product than Pfizer's PFE.N Viagra
because it has fewer side effects."
The drug, called IC351, but still without a brand name, is
in Phase II trials on men with erectile dysfunction. McCamant
told Business Week he expects tests will validate the drug's
safety before the year-end and trials next year will evaluate
its efficacy.
But ICOS has yet to generate the same excitement among
investors. It's stock closed at 16-1/4, down from a December 30
peak of 18-7/8, the magazine said.