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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 (6209)11/5/1998 9:19:00 PM
From: BigKNY3  Read Replies (1) | Respond to of 9523
 
PFEr Alert: 11/05/98

Expect an exciting day on Friday with the annual PFE R&D analyst meeting.Meeting highlights will include the latest news on the PFE pipeline and operations including Celebrex, inhaled insulin, Trovan and, of course, Viagra. Note the meeting starts prior to the market opening.

From the WWW.Pfizer.com Website:

When is Pfizer's next analyst meeting?

Pfizer's next analyst meeting is Friday, November 6, 9:00 a.m., at Pfizer headquarters in New York (235 East 42nd St.). William C. Steere, Jr., Chairman and Chief Executive Officer, will host the meeting; David Shedlarz, Senior Vice President and Chief Financial Officer, will review Pfizer's operating results; and Dr. John Niblack, Executive Vice President, and Dr. George Milne, Vice President and President--Central Research, will discuss our new product pipeline.

Have PFun!

BigKNY3



To: Anthony Wong who wrote (6209)11/5/1998 9:29:00 PM
From: BigKNY3  Read Replies (2) | Respond to of 9523
 
Pfizer Files for FDA Approval of Migraine Drug Eletriptan

Bloomberg News
November 5, 1998, 3:43 p.m. PT
Pfizer Files for FDA Approval of Migraine Drug Eletriptan

New York, Nov. 5 (Bloomberg) -- Pfizer Inc., the No. 4 U.S.
drugmaker, said it has filed for U.S. approval of a new migraine
medicine, one of three products it could introduce in 1999.

The New York-based drugmaker filed an application late last
month with the U.S. Food and Drug Administration for eletriptan,
a migraine medicine, said Marian Caprino, a company spokeswoman.
Review of the application may take a year.

Pfizer's other two possible 1999 drug introductions are
Tikosyn, for an irregular heart rhythm known as atrial
fibrillation, and a potential blockbuster arthritis medicine,
Celebrex. Pfizer will market this drug through an agreement with
Monsanto Co., which developed the drug.

Celebrex treats pain and swelling without irritating the
lining of the stomach, as does existing painkillers such as
American Home Products Corp.'s Advil.

Pfizer will review its drug research at an analysts' meeting
in New York tomorrow. It shares rose 1 3/8 to 107 3/8 today.

Sales of Celebrex could reach $500 million in its first year
on the market, according to some estimates. Tikosyn could have
1999 sales of $75 million, according to ABN Amro, and eletriptan,
of $30 million.