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Biotech / Medical : ABT - Abbott Labs

ABT 123.64

-0.9%

3:59 PM EDT

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To: Skywatcher who wrote (281)	6/16/2000 8:03:00 PM
From: John McCarthy	Read Replies (2) of 328

Question about paclitaxel and NPRO ... Hi - I am long NPRO. As you may or may not know, NPRO/ABT are teamed up to sell paclitaxel. Recently, IVAX defeated BMY in court over the rights to sell a generic version of paclitaxel and won. (BMY's product goes by the retail name Taxol) In as much as IVAX uses the NPRO paclitaxel FORMUALATION (which is patented) does anyone know whether (1) ABT will soon change direction and file with the FDA to sell a generic version of NPRO'S paclitaxel or (2) continue to develop (via clincial trials) a unique version of paclitaxel co-developed by NPRO and ABT? The paclitaxel market right now is approx. $2.0 billion worldwide. Any comments, insights, or facts would be appreciated. regards, John McCarthy

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