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Biotech / Medical : Biotech Valuation
CRSP 55.26+1.2%Nov 11 3:59 PM EST

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From: Ian@SI5/20/2006 9:20:08 PM
   of 52153
 
From Barron's

The Leaders in Follow-on Biotech

The relatively few contenders in the market for follow-on biologics, or biosimilars, will allow higher prices and profits than the traditional generic business. Novartis and Teva have big ambitions.

Recent
Company/Ticker Price Comment
Novartis / NVS $56.81 Sandoz unit is world's No. 2 generic maker.
Teva Pharma / TEVA 37.25 Top generic firm, sells biogenerics in developing nations.
Barr Pharma / BRL 50.65 Feisty litigator, its Duramed unit is targeting biogenerics.
Shire / SHPGY 45.75 Plans 2007 European launch of erythropoeitin.
Stada / SAZ GR €34.89 German generic leader, plans European erythropoietin in '07.
Wockhardt / WPL IN 404.45* Indian firm sells insulin and erythropoietin in Russia.
Pliva / PLVARA CZ 575** Developing G-CSF with Australia's Mayne Pharma.


*Indian Rupees **Croatian Kuna
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