John, Mike & Tom's <b>Wild World of Stocks</b> Message Board

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Technology Stocks : John, Mike & Tom's Wild World of Stocks

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To: wlheatmoon who wrote (587)	3/22/2000 10:50:00 PM
From: John Pitera	Read Replies (1) of 2850

Mike, the real closer on AHP is that they own 54% of IMNX which itself has a mkt cap of 22 billion today!!!! I agree AHP is value priced. Immunex develops biopharmaceutical products to treat cancer, autoimmune disorders, and infectious diseases. The company's primary approved products are Enbrel, for treating rheumatoid arthritis (FDA-approved in 1998, the drug has been the subject of controversy and has also shown promise to treat heart failure); Leukine, which is used to treat bone-marrow transplant patients; and Novantrone, which is used to treat acute non-lymphocytic leukemia and to ease pain associated with prostate cancer. Immunex is also developing drugs that treat asthma, leukemia, and certain cancers. Pharmaceutical research giant American Home Products, through its subsidiary American Cyanamid, owns 54% of Immunex. immunex.com Top Competitors: Amgen \| Bristol-Myers Squibb \| Merck

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