Multifunction superpills aren’t nearly as farfetched as they may sound. And reducing such serious risks to heart health as soaring cholesterol, diabetes, and high blood pressure potentially could save many lives and be highly lucrative for drug companies. A combo pill from Pfizer (PFE) of its hypertension drug Norvasc and cholesterol-lowering agent Lipitor "could have huge potential," says Shaojing Tong, analyst at Mehta Partners. "Offering two functions in one pill itself is a huge convenience."
If such pills catch on, they could generate significant revenues for drug companies. In Pfizer’s ease, the goal is to transfer as many qualified patients as possible to the combo pill. Norvasc’s patents expire in 2007, but Pfizer could avoid losing all its revenues from the drug at once if it were part of a superpill. Sena Lund, an analyst at Cathay Financial, sees Pfizer selling $4.2 billion worth of Norvasc-Lipitor by 2007. That would help
A. doctors’ approval is decisive for the invention of medicines
B. drug companies will benefit a lot from the new pills financially
C. different people exhibit different attitudes toward the new pills
D. switch in medications is up to a combination of factors
The Visa Office,
Enclosed is my completed application form for an entry visa to enable Professor Smith, the head of the delegation, to visit Singapore.
Professor Smith will be leaving Hong Kong on 5th May for a business tour of the southeastern Asia and, subject to issue of the necessary visa, proposes to arrive in Singapore on 8th or 9th May and to stay for about seven days, and then he will leave for Kuala Lumpur ( 吉隆坡).
The purpose of Professor Smith’s visit to Singapore is to join the Annual Conference. He intends to visit departments of philosophy and education. We would guarantee Professor’s financial security during his stay in Singapore and payment of all expenses he may incure(招致).
I enclose the following supporting documents:
(1) Professor Smith’s passport.
(2)A cheque for the visa fee of $ 100.
(3) A registered stamped, addressed envelope for return of the passport.
Should you require any
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