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Biotech / Medical : AMLN (DIABETES DRUGS)

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To: D.Right who wrote (1391)	5/27/1998 11:58:00 AM
From: Peter Singleton	of 2173

this is old news, but WLA sold $138M of Rezulin Q1 1998, from WLA's 4/28/98 earnings report. Not too shabby for a drug that was approved at the end of January 1997, and launched in March ... I think WLA only has marketing rights in the US, so these would be US sales only. "Rezulin (troglitazone), which recorded sales of $138 million, also contributed to the company's growth. It was the focus of a recent New England Journal of Medicine editorial which noted that Rezulin can address insulin resistance, a fundamental defect in type 2 diabetes. According to the editorial, Rezulin is renewing optimism that type 2 diabetes can be managed effectively. There are currently more than 1 million people on troglitazone therapy worldwide."

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