Viagra encounters challenge: traditional healers of the east tout rival impotency treatments

Article Abstract:

A number of Asian traditional healers are challenging pharmaceutical giant Pfizer Inc. in a match between the company's top-selling impotency drug, Viagra, and traditional medicine. These business of these Asian healers of selling impotency treatments is being undermined by the high demand for Viagra, which is not even for sale in Asia. Pfizer's Malaysian unit has been swamped with about 50 inquiries a day about the drug and many traditional healers have also been consulted about the drug. Demand for Viagra in the Asian market has been so high that the black market for the drug sells it for five times the $10 price per tablet of the drug.

Electromedical and Electrotherapeutic Apparatus Manufacturing, Electromedical equipment, Impotence Stimulators, Product development, Pharmaceutical industry, Drug therapy, Market share, Pfizer Inc., Impotence, PFE, Viagra (Medication), Medicine, Herbal, Herbal medicine, Neurological stimulators

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MISC will buy KPB assets: many analysts call $220 mil price tag fair

Article Abstract:

Malaysia International Shipping Corp. (MISC) is set to acquire the shipping assets of container-haulage services firm Konsortium Perkapalan Bhd. (KPB) for $220 mil. The assets include Hong Kong-based PNSL Ltd. which is acquired for $55 mil; Malaysia-based PNSL Bhd., acquired for $165 mil and a stock-swap for Petronas Tankers Sdn. Bhd. which will enable Petronas Tanker owner Petroliam Nasional Bhd. to increase its stake in MISC from 29.34% to 62.10%. KPB is owned by the eldest son of Malaysian Prime Minister Mahathir Mohamad, Mirzan Mahathir.

Containerization, Mergers, acquisitions and divestments, Shipping industry, Petroliam Nasional Bhd., Malaysian International Shipping Corporation Bhd., Pacific Basin Bulk Shipping Ltd.

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