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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 (4874)8/12/1998 12:43:00 PM
From: puborectalis  Read Replies (1) | Respond to of 9523
 
I disagree,that's why I sold my remaining PFE shares cause of the rapidly increasing #of prescriptions under Managed Care..we all know when Manage cares takes the majority stake in anything,they ratchet down reimbursements.They are going to shove the new LOWER reimbursements to Big Pharma-"take it or leave it".They've already done it in clinical medicine.The Pa Blues are now paying 18% less than Medicare!



To: Anthony Wong who wrote (4874)8/12/1998 4:17:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 9523
 
Viagra Confiscated at Airport by Egyptian Authorities, AP Says

Bloomberg News
August 12, 1998, 3:22 p.m. ET

Cairo, Egypt, Aug. 12 (Bloomberg) -- Egyptian customs
officials confiscated 721 bottles of Pfizer Inc.'s impotence drug
Viagra, worth about $300,000, from an Egyptian-American
pharmacist, the Associated Press reported, citing airport
officials. The officials said a man, whom they did not identify,
arrived from Turkey with the Viagra as well as other drugs; Egypt
banned Viagra in May, saying it wanted to conduct its own tests
on the drug even though it has been approved in the U.S. While
Viagra costs $10 per pill in the U.S., the drug has a black-
market value of about $18 per pill, AP said.

Earlier this month, Russia became the fifth country to
approve the use of Viagra.
(AP, 8/12, www.foxnews.com)

--Nathan Levy in the Princeton newsroom (609) 279-4093 /jjs

news.com