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


To: BigKNY3 who wrote (4742)8/5/1998 8:10:00 AM
From: BigKNY3  Read Replies (1) | Respond to of 9523
 
Viagra Approval by EU Countries Approaching?

DaiS has spotted the following information on the EMEA Website:

On July 28, 1998, the European Agency for the Evaluation of Medicinal Products issued a "Public Statement " on Viagra.

The release noted that their agency had "adopted a positive opinion on a marketing authorisation application" for Viagra....The EMEA positive opinions will be transmitted to the European Commission and all EU Member States.....The decision whether to grant marketing authorisations for these products will be taken by the European Commission after consultation with the Member States. This decision-making phase generally takes 3 months to complete."

Bottom-line: Viagra could be approved in the EU Member States (UK, France et al) as early as this month or "normally expected for September 1998".

Click here to link to the EMEA (European Agency for the Evaluation of Medicinal Products) Website for the complete statement and proposed Viagra package insert. (You will need Acrobat to read.) eudra.org

Morning Gut-Feel: PFE will again track the market. I expect a lower opening (-1 to -2 points) followed by a rally attempt, another decline and finally a very strong close during the last 30 minutes (may be up or down depending on the psychology of the market). Best guess: PFE will end up over 3 points..... but please don't bet the entire Pharm yet.

Have PFun!

BigKNY3



To: BigKNY3 who wrote (4742)8/5/1998 12:09:00 PM
From: Uncle Frank  Respond to of 9523
 
Are we seeing a turn around today, or a dead cat bounce? Seems like mostly good news coming out of the pfe camp; how much do you think Euro and Asian approvals will add to revenue and stock price?

Frank