I've no idea whether this is a phish or just a regular bit of pharma spam as the site at the other end of the link has keeled over. But it shows yet another salvo in the war between spammers and the rest of the world, and brings us closer to the point where Bayesian spam filters will hit the buffers, as the difference between spam and ham becomes increasingly difficult to gauge.
Whatever it's meant to achieve, it's not a good sign. It is however, a good argument against using HTML in emails....

