Centocor ( CNTO ) Message Board

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Biotech / Medical : Centocor ( CNTO )

CNTO 0.00001000

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Mar 7 3:00 PM EST

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To: harry zelatis who wrote (40)	12/3/1996 6:46:00 PM
From: Henry Niman	of 965

Here's a summary of the story: -- Morgan Stanley analyst Eric Hecht said he reiterated his strong buy rating on Centocor Inc due to his expectations for its anti-inflamatory drug CenTNF. -- He said the drug for treating Crohn's disease, a severe inflamatory bowel condition, and rheumatoid arthritis, could be a "big opportunity" for Centocor, with peak annual sales reaching $500 million. -- He said the peak sales could be reached in four to five years from the product's expected launch in 1998. -- He raised his price target on the stock to $51 from $40. The stock rose five to 34. 13:46 12-03-96

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