Excerpted from:
The Wall Street Journal Interactive Edition
-- October 31, 1997
PFIZER PRESENTS DETAILS OF ITS
IMPOTENCY PRODUCT
By ELYSE TANOUYE
Staff Reporter of THE WALL STREET JOURNAL
NEW YORK -- Pfizer Inc. presented to Wall Street analysts
details of its experimental impotence treatment, Viagra
(sildenafil), and other candidates in its new product
pipeline, sending its shares up strongly until an afternoon
market downturn.
Viagra, the impotence treatment, was clearly the focus of
analysts' interest. The drug, which was originally tested
and discarded as a heart pill, was submitted for regulatory
approval in September as a treatment for male erectile
dysfunction and was given priority status at the Food and
Drug Administration. Pfizer expects to launch the drug next
year.
The pill will be priced much lower than competing injectable
drugs, said William Steere, Pfizer chairman. While most side
effects were minimal, Dr. Niblack noted that about 3% of
patients reported a blue-green tinge to their vision for a
few minutes to a few hours after taking the pill, but he
said the effects are transitory.
Copyright © 1997 Dow
Jones & Company, Inc.
All Rights Reserved.
Medical
Update: Viagra
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