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

To: WS_DE who wrote (4712)	8/3/1998 2:34:00 PM
From: Anthony Wong	Respond to of 9523

Fake Viagra being sold on the Internet - TV report Monday August 3, 4:07 PM LONDON, Aug 3 (Reuters) - Fake copies of the impotence drug Viagra are being manufactured in Thailand and India and sold around the world via the Internet, according to a British television report on Monday. Criminals are set to make millions of pounds selling the pills, which contain little or no Viagra, Independent Television's 'World in Action' programme reported. "Our research indicates that professional counterfeiters have turned their attention to Viagra," said Peter Lowe, assistant director of Britain's Counterfeit Intelligence Bureau. "They have seen there's a huge market for the drug and there are vast profits to be made. No doubt we'll see more and more fake Viagra as the demand for the drug grows," he told the television programme, due to be screened later on Monday. The drug has been used by two million American men in what has been the most successful drug launch ever. It is not likely to receive approval for sale in the European Union until later this year, and is likely to be available only through prescription from doctors or hospitals. Lowe said the fake versions of the drug, which are relatively easy to manufacture, contain either a below-strength active ingredient or none at all. The illegal trade in Viagra, made by U.S. drugs firm Pfizer Inc, hit the headlines in Britain last Friday when police confiscated an illegal hoard being sold on the black market from an unlicensed sex shop in central London. Police seized around 60 pills in total. The shop was charging 40 pounds ($66) for the diamond-shaped pill, which sells for a fraction of that amount in the United States. yahoo.co.uk

To: WS_DE who wrote (4712)	8/4/1998 6:33:00 AM
From: WS_DE	Respond to of 9523

German patients must pay for Viagra, panel rules 03:23 PM ET 08/03/98 German patients must pay for Viagra, panel rules COLOGNE, Germany, Aug 3 (Reuters) - A key panel ruled on Monday that German public health insurance funds should not pay for patients' use of the anti-impotence drug Viagra. The Federal Committee of Doctors and Health Funds said it had decided for financial reasons that patients should have to pay for Viagra themselves. Committee chairman Karl Jung told reporters his panel's recommendation would become binding unless the German government lodged an objection within the next two months. Health Minister Horst Seehofer has already spoken out against the public health system financing treatment with Viagra, made by U.S. company Pfizer . Seehofer said in June such a move would cost the health system billions of marks (dollars). Seehofer also said then that he expected authorities to apporove distribution of the drug by September. ((Bonn newsroom, +49 228 260970 fax +49 228 26097125, bonn.newsroom@reuters.com)) infobeat.com