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

To: HiSpeed who wrote (5438)	9/10/1998 7:52:00 AM
From: Anthony Wong	Respond to of 9523

BBC - NHS to get Viagra 'on the cheap' Thursday, September 10, 1998 Published at 11:19 GMT 12:19 UK Doctors said Viagra could bankrupt the NHS Viagra, the anti-impotence drug that has changed the lives of tens of thousands of men in the United States, will cost half as much in the UK as some doctors feared. Recent press speculation has suggested that Viagra could cost as much as œ10 a tablet. That prompted some doctors to warn it could bankrupt the NHS with the cost topping œ1bn a year - one quarter of the entire NHS drugs budget. But Viagra's manufacturer, pharmaceutical giant Pfizer, says it will charge the NHS œ4.84 a tablet. Pfizer says Viagra will cost the NHS about œ50m after five years. The move follows reports that the UK Government might impose a temporary ban on the pills until it can draw up guidelines on the treatment in December. The Department of Health has consistently said that Viagra would only be prescribed according to clinical need and not be freely available on the NHS. Pfizer will learn in the next few days whether it has got approval to market the drug in Europe. Pills sold in nightclubs Earlier this week, advertising watchdogs have launched a clampdown on companies which have been using the hype around Viagra to push their own impotence "cures". The huge interest in Viagra has already seen the drug being sold illegally in nightclubs and on the Internet. Viagra works by relaxing the tissue around the penis, so that blood can flow more easily to the area. Over 100 men around the world are said to have died after taking the drug. Pfizer warns that it should not be taken in combination with nitrate-based drugs. news.bbc.co.uk

To: HiSpeed who wrote (5438)	9/10/1998 7:55:00 AM
From: Anthony Wong	Respond to of 9523

Medical Assistance For Viagra - (STATEWIDE) -- Some Medicaid clients in Minnesota will receive provisional coverage of for the impotency drug Viagra, starting September 21st. The decision by Human Services Department Commissioner David Doth pleases officials with the drug's manufacturer, Pfizer Pharmaceutical. Senior Medical Advisor Doctor Mike Magee claims Viagra may help doctors detect other medical conditions in Medicaid patients. He says the medication treats a serious medical problem but also could help get people in to see a doctor and help them detect things like diabetes and hypertension, in the end, meaning less costs to that state. Human Services Department officials say coverage of Viagra under the general assistance medical care program and Minnesota Care will be discussed further. - Sep 10 5:21 AM EDT dailynews.yahoo.com

To: HiSpeed who wrote (5438)	9/10/1998 8:32:00 AM
From: Anthony Wong	Read Replies (2) \| Respond to of 9523

HiSpeed, I expect choppy days ahead for Pfizer until EU approval, which hopefully would get some excitement back into the stock. Anthony