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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: baggo who wrote (42390)8/15/1999 1:27:00 PM
From: Anthony@Pacific  Read Replies (2) of 122087
 
We are in for another month of rising prices befor this meeting happens so be carefull I am watching it closesly

Moreover, Weisbord said Biocryst will present data on the flu Page 2
product at next month's at infectious-disease meetings. "I think
this will be a very pivotal," he noted in Barron's.
Biocryst stock has surged to more than twice its mid-July levels
of $9 when Johnson & Johnson announced the successful end of Phase
2 trials for the flu treatment.
Johnson & Johnson agreed to license the drug in September 1998
for $55 million, including a $12 million upfront payment and
$43 million in milestone payments, according to a Biocryst spokeswoman.
She said Biocryst will also receive undisclosed royalties after
the drug comes to market.
- Zahida Hafeez; 201-938-5176
(END) DOW JONES NEWS 08-10-99
03:43 PM
- - 03 43 PM EDT 08-10-99
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