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Biotech / Medical : Biotech Valuation
CRSP 56.70-2.2%10:11 AM EST

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To: tuck who wrote (7790)1/22/2003 2:25:52 PM
From: Biomaven   of 52153
 
tuck,

I don't see that much more label expansion (other than Enbrel for psoriasis/psoriatic arthritis), but their products all still have a fair way to grow from here. I don't think they will have any trouble hitting a 20% growth rate for the next few years.

At some point of course some enterprising company is going to come up with some small molecule drugs that do what Epogen and Neupogen do, and then AMGN will have some problems.

Peter
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