The Battalion. (College Station, Tex.) 1893-current, September 03, 1998, Image 6

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Page 14 • Thursday, September 3, 1998
N
ation
Battalion
The morning after
FDA approves sale of emergency contraceptive pills to be taken ni'PA
XTr "” TA x ’ 1 ' AT ^ first time, allows a pharmaceutical sylvania. “Women now have more pean women btf •
Company to advertise and to sell nntinn« and hav/#> Inna m <jrrilv»d fnr vpm i-Viociimm
special morning-after packets that
Taking the
DAT
this October ?
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NEWARK, N.J. (AP) — The
Food and Drug Administration to
day allowed the first-ever sales and
marketing of a kit of emergency
contraceptive pills that women can
take the morning after unprotected
sex to prevent pregnancy.
The PREVEN kits will be avail
able by prescription by the end of
September, said Roderick Macken
zie, chairman and founder of Gy-
netics Inc. of Somerville, N.J.,
which won the first approval to ad
vertise and sell morning-after pills.
The FDA has long told women,
and doctors, how to use standard
birth control pills in this manner,
and the agency last year gave out
specific information about which
pills and dosages were effective as
contraception up to 72 hours after
unprotected sex.
But today’s approval, for the
“It's not only a
scientific but an
ethical advance ”
— Arthur Caplan
Director, Center for Bioethics
University of Pennsylvania
women can keep in their medicine
cabinets.
“It’s not only a scientific but an
ethical advance,” said Arthur Ca
plan, director of the Center for
Bioethics at the University of Penn
sylvania. “Women now have more
options, and have long deserved to
have the rights to prevent un
planned pregnancies.”
Anti-abortion groups, however,
have criticized the method.
The morning-after pills are dif
ferent from RU-486, the French
abortion pill, which actually ends
a pregnancy several weeks after it
has begun.
Gynetics had said the company
would market the emergency kit
last year, becoming the first U.S.
company to take action since the
FDA approved using contraceptive
pills for emergency birth control.
In February 1997, the FDA said
six brands of birth control pills
were safe and effective as morn
ing-after pills, the first federal ac
knowledgment of the emergency
birth control method that Euro
pean women
;cribed for years
Until now, howt
live manufacturers
sell the form of e:
control here, cinnj
political fears.
The pills preve:
lation, experts sa;:
pills could possibi
tilized egg fromiir
uterine wall sotb
into an embryo.
If an embryo is;
ed and growing, tb
pills will have no
with RU-486.
The FDA said ft
fective 75 percen:
consists of taking)
ceptive pills witto
protected sex, an
Late selling ends stock market rebo
NEW YORK (AP) — A late bout
of selling today cut short the Dow in
dustrial’s bid to extend Tuesday’s re
bound from August’s scary selloff.
The Dow Jones industrial aver
age, down 512.61 on Monday and up
288.23 Tuesday, fell 45.06 to close at
7,782.37. The average of 30 blue
chips had been holding onto gains
until the final minutes of trading.
At one point, the Dow was up as
much as 125.13 at 7,952.56, or 44
points above where it began the
year, at 7,908.25.
Some broader indicators rose,
however, including the Nasdaq
composite index, which added to
Tuesday’s record point gain.
Tliesday’s 288-point rise was the
second-biggest daily point gain ever
for the Dow and came on record
trading of more than 1.2 billion
shares on the New York Stock Ex
change. TVading was heavy today,
but volume of 891.6 million was well
below Tliesday’s frantic pace, when
the Dow gained 3.8 percent.
Student Life Orientation
Room 311 YMCA
843-3826
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Education Programs
Room 222 Beutel Health Center
845-0280
Gender Issues
Education Services
Room 211A YMCA
845-1107
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WELCOME BACK TO AGGIELAND,
A COMMUNITY OF RESPECT!
Now that you’re finally here, give us a call if you need
anything, or just to say hi - we’d love to talk to you.
We hope you have a spectacular year!
VGe cannot live only for ourselves. A. thousand fibers connect us...
and along these fibers, as sympathetic threads, our actions
run as causes, and they come back to us as effects. ”
—Herman Melville—
Today’s decline left the Dow
16.7 percent below its record of
9,337.97 set on July 17.
TVading was a bit calmer today
than during the past two sessions,
which were buffeted by huge swings.
At its low of the day, the Dow
was off 59.73 points, or 185 points
below its high for the day. In con
trast, Tuesday’s turbulent session
at one stretch of trading had the
Dow rocket almost 588 points from
its low point to its high point.
Wall Street’s dramatic rebound
Tuesday also sent Asian and Eu
ropean stocks rising today, but
some analysts had wondered
whether the rallies could be sus
tained against a gloomy outlook
in many economies.
New York traders were slow to
recognize the potential fallout
from the financial troubles in Asia
and Russia, and uncertainty might
hang on for some time in markets
that now lack any firm sense of di
rection, said Jeremy Batstone, an
analyst at NatWest Stockbrokers
in London.
"Sentiment is finally beginning
to crack," Batstone said. "The mar
ket is beginning to wake up."
President Clinton sought to reas
sure investors during a joint Moscow
news conference today with Russian
President Boris Yeltsin.
“The volatility in the world mar
kets, including in our stock market, I
think is to be expected under these
circumstances," Clinton said. "The
right thing to do is to try to restore
growth in the economies of the world
where there isn’t enough growth.”
Clinton said "America must
maintain a leadership role of ac
tive involvement.”
Some investors perceived the re
cent price drops as good opportuni
ties to buy quality stocks, analysts
said, but many figured the markets
are a risky proposition at present.
In Tokyo, the 225-issue Nikkei
Stock Average rose 6.99 points, or
0.05 percent, for a close of
Tracking
the Dow
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FACE FACTS:
Editorials a
.* views of th
not necess.
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dy, regents,
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