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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: JOHN W. who wrote (894)7/8/1997 2:03:00 PM
From: Biomaven   of 6136
 
Hi John. Thanks for the IMS numbers - please post any details you have.

Here is an extract from a Dow Jones article released today on biotechs:

_____
Only a small group of biotechs are profitable, and analysts say the
company likeliest to break into that select group soon is Agouron
Pharmaceuticals Corp. Agouron is the maker of Viracept, the fourth
protease inhibitor approved by the FDA to treat AIDS patients. The drug is "taking the AIDS community by storm," according to Silverman.

[Silverman is a Robertson, Stephens analyst]

The First Call consensus estimate on Agouron is for a loss of 25
cents a share in the company's fiscal fourth quarter ended in June,
compared with a loss of 17 cents a share in the year-ago quarter. But
Crossen and Molowa believe the company will be profitable in the quarter ending in September.
____________

Peter
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