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


To: BigKNY3 who wrote (6902)2/1/1999 8:34:00 PM
From: Anthony Wong  Respond to of 9523
 
Pfizer's Viagra Helps Impotent Diabetics, New Research Shows
Bloomberg News
Feb 1 1999 6:33PM ET

Pfizer's Viagra Helps Impotent Diabetics, New Research Shows

Chicago, Feb. 1 (Bloomberg) -- Pfizer Inc., the fourth- largest U.S. drugmaker, could benefit from company-funded research showing its Viagra drug can treat impotent diabetics.

The research, published in the Journal of the American Medical Association, offers reassurance to patients with erectile dysfunction who also suffer from diabetes and want to take Viagra. Nearly 16 million Americans have diabetes, and impotence is a common problem among diabetic men.

Researchers led by Marc Rendell of the Creighton Diabetes Center in Omaha, Nebraska, found that 56 percent of patients taking Viagra reported improved erections, compared to 10 percent of patients taking a placebo. In addition, 61 percent of men in the Viagra group reported they successfully had intercourse at least once, compared with 22 percent of men taking a placebo.

The most common side effects among the 252 patients who completed the study were headache, indigestion and respiratory problems such as sinus congestion, the researchers said.

Pfizer won approval for Viagra last year, and the drug quickly became a household name. It had sales of $411 million in its first three months on the market, making its market introduction the most successful ever. Last quarter, the drug had sales of $236 million.

--Kristin Jensen in Chicago through the Princeton newsroom (609) 279-4000/gfh Story illustration: To graph Pfizer's stock activity in the past year: PFE US

snap.com



To: BigKNY3 who wrote (6902)2/2/1999 12:25:00 PM
From: Anthony Wong  Respond to of 9523
 
Pfizer Inc. Maintained 'Buy' at PaineWebber

Bloomberg News
February 2, 1999, 8:01 a.m. ET

Princeton, New Jersey, Feb. 2 (Bloomberg Data) -- Pfizer Inc. (PFE US)
was maintained ''buy'' by analyst Jeffrey Chaffkin at PaineWebber Inc.
The 12-month target price is $156.00 per share.

-- Andrew Bekoff in Princeton, New Jersey, (609)279-3652



To: BigKNY3 who wrote (6902)2/2/1999 2:47:00 PM
From: Anthony Wong  Read Replies (2) | Respond to of 9523
 
2/2 Gruntal & Co. reiterates strong buy, #1 favorite:
nordby.com