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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Izzy who wrote (3067)12/2/1997 12:36:00 PM
From: Steve Fancy   of 6136
 
Well, first word from analysts since earnings...too bad it's a downgrade.

RESEARCH ALERT - Agouron (NASDAQ:AGPH) downgraded
Reuters, Tuesday, December 02, 1997 at 11:38

NEW YORK, Dec 2 (Reuters) - Bankers Trust Alex.Brown said
on Tuesday it cut its rating on shares of Agouron Pharmaceuticals Inc to market perform from a strong buy.
-- Analyst not immediately available to comment further.
-- Company said on Tuesday it agreed to end its
collaboration with F. Hoffmann-La Roche (ZSE:ROCZ.G) in the field of cancer treatment and discontinue further development of its anti-cancer drug AG337, or Thymitag.
-- Stock lost 7-1/8 to 32-3/8.

Copyright 1997, Reuters News Service
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