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Biotech / Medical : Sepracor-Looks very promising

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To: reg who wrote (2160)3/26/1999 6:46:00 PM
From: AJAG   of 10280
 
Cheer up Sepracor fans! If you do your research, you will see that it is not unusual for a sell-off upon FDA approval. The theory- now the company must actually execute the sales rollout, etc. However, we are not talking about a one-drug company here. We already have Allegra on the market, and now we have a potential blockbuster, ie, an improved version (safer and more powerful at lower dose) of what is presently a billion plus per year drug (sold as a generic). We got the label reference to safety. And we could get more news anytime on new deals with the big pharmaceuticals companies. OIur pipeline includes improved versions of Claritin, Prozac, Hismanal, and Propulsid. Our partners are Johnson and Johnson, Lilly, Schering Plough and additional players to be named later. Our market cap is a little over 3 billion dollars (compared to Amgen at 34 billion).
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