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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 (6215)	11/6/1998 7:58:00 AM
From: Anthony Wong	Respond to of 9523

AP - Singapore OKs Sale of Viagra Friday November 6 5:03 AM ET SINGAPORE (AP) - Singapore has approved the sale of the anti-impotence drug Viagra for an initial evaluation period of six months, the country's health ministry said Friday. After months of trials, the government has ''decided to take a cautious approach towards its introduction'' of the little blue pills because of reported deaths associated with use of the drug in the United States, the Ministry of Health said in a statement. The impotence remedy will only be available by prescription in Singapore and doctors are required to report any adverse reactions by patients to the health ministry. Singapore will also require the U.S. pharmaceutical company which makes the drug, New York-based Pfizer Inc. (NYSE:PFE - news), to submit monthly reports on the amount of Viagra it supplies to the island republic. ''The ministry will monitor the supply of Viagra to deter excessive utilization and abuse,'' the statement said. The permit allowing sales of Viagra will be reviewed at the end of the six-month period. Demand for the drug prior to government approval led to the creation of a thriving black market for Viagra pills smuggled into the country from overseas. dailynews.yahoo.com