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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: DaiS who wrote (11493)7/15/1998 6:12:00 AM
From: DaiS  Read Replies (1) | Respond to of 23519
 
Family doctors banned from giving Viagra - UK Daily Express, July 5 1998, Patrick O'Flynn

'Viagra, the male impotence wonder drug that threatens to bankrupt the NHS, is to be rationed. The Government will achieve this by banning family doctors from prescribing it. Only hospitals or specialist impotency clinics will be able to hand out the drug. Ministers believe this is the only way to keep the lid on a huge new drug bill which the NHS cannot afford. The Department of Health restriction will calm fears of a œ1billion-a-year headache for the NHS when Viagra becomes available in the autumn. It brought criticism last night, though, from BMA expert Mr Derek Machin, a senior consultant urologist. He said that prescribing Viagra only via hospitals and specialists will deprive many patients who could benefit from it and damage the interests of other patients too. Mr Machin fears that urologists will be overwhelmed by the number of men seeking viagra and that waiting times for patients with other conditions like prostate problems will soar. A Whitehall source said last night: "The plans will remove the incentive for men who do not really need Viagra to beat a path to their GP's door in the hope of getting it the same day."'



To: DaiS who wrote (11493)7/15/1998 10:18:00 AM
From: Mark A. Stang  Respond to of 23519
 
>>If Vivus do a deal and the calls are out of the money you
lose everything?<<

Yes, except depending upon the time lag between the deal and closing, and depending how far out of the money you are, there still could be some small premium if there's a chance the acquisition price could be adjusted to where your calls will be in the money. But once the deal closes below your strike price, your calls are history.