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


To: BigKNY3 who wrote (6172)10/29/1998 6:31:00 PM
From: Anthony Wong  Read Replies (2) | Respond to of 9523
 
Philippine Daily Inquirer, October 30
Viagra on sale, has few takers

DRUGSTORES have begun selling the anti-impotence drug
Viagra yesterday, but there have been more inquiries than
actual sales, according to drugstore owners.

Meanwhile, an official of Pfizer, the manufacturer of Viagra, said
the firm was keeping a close watch on the sales of the drug
especially in the provinces where customers were usually
friendly with pharmacists.

''We expect that despite our efforts to inform the public that you
need to see a doctor before you can buy and take Viagra, many
Filipinos will still try to buy it without a prescription,'' said
lawyer Renato Salud, Pfizer associate director for corporate
affairs.

''We know that some will try to talk the pharmacists into giving
them the drug even if they don't have a prescription,'' Salud told
the Inquirer.

Pfizer and owners of 850 drugstores authorized to sell Viagra
signed a memorandum of agreement on the proper selling of the
pill.

The agreement was made in response to calls by government
officials and leaders of the medical community for the strict and
proper dispensation of the pill.

But Rodel Vizconde, owner of the Marcelo drugstore in Makati,
said he had received about 100 inquiries a day since he began
advertising Viagra on Monday, but had only sold about five
tablets each day.

''Many people ask about it, but a lot of them are taken aback
when they learn of Viagra's price,'' he said. A regular
50-milligram tablet costs P450, the price of enough rice to feed a
family of five for three weeks.

''Being a prescription drug, we don't expect many to buy it,''
Vizconde said. ''Like the condom before, Filipino men are too
embarrassed to buy the drug.''

Doctors estimate about 2.8 million Filipino men suffer varying
degrees of erectile dysfunction.

Vizconde said among the inquirers was an old jeepney driver,
who said he would have to save his earnings for several days
to afford the drug.

The Mercury drugstore chain, the country's largest, said it
distributed the drug to its stores on Wednesday and would not
know sales figures until after a month.

But a saleswoman at a Mercury drugstore in Ermita said they
had only one purchaser yesterday--one man who bought 14
tablets.

208.240.90.97