WASHINGTON, DC, Jun. 02, 1998 (States) -- Denise M. Gilbert of Palo
Alto, CA, a Exec. Vice President and CFO of Incyte Pharmaceuticals,
Inc. (SYMBOL: INCY), disposed of 10,000 shares in 2 transactions for
between $42.00 - $42.50 each on April 22, 1998. Denise M. Gilbert
currently owns 10,000 shares. A Form 4 reporting the transaction was
filed with the Securities and Exchange Commission on May 11, 1998.
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