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Biotech / Medical : sgp(schering plough)

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To: Home-Run who wrote (113)12/15/2003 6:16:34 AM
From: Neil H  Read Replies (1) of 117
 
08:53 ET Schering-Plough target raised to $25 at Thomas Weisel (SGP) 16.81: Thomas Weisel reiterates their Outperform and raises their target to $25 from $23, saying results from their survey of cardiologists indicate Zetia use should increase from 11% currently to 15% of patients receiving a lipid-lowering drug. Surveyed cardiologists predict the usage of the Zetia/Zocor combination product to reach 24% one-year post-market launch, with gains coming not only from Zocor conversions but also from patients switching over from other statin treatments.
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