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Biotech / Medical : Bio Technology General - BTGC

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To: Jim Oravetz who wrote (1996)5/2/2000 12:42:00 PM
From: Jim Oravetz  Read Replies (1) of 2028
 
Bio-Technology General Corp. (BTGC) said first quarter Oxandrin prescriptions rose 11% compared with last year, and first quarter Oxandrin end-user sales rose 17%.
The biotechnology company also signed a co-marketing agreement with Abbott Laboratories (ABT) for Oxandrin, an oral anabolic agent indicated to promote weight gain after involuntary weight loss following surgery, chronic infections or severe trauma.
Oxandrin is also indicated for patients who, without definite pathophysiologic reasons, fail to gain or maintain normal weight.
Under the terms of the agreement, Oxandrin will be marketed in the U.S. by both companies to their traditional customers served by their respective sales forces.

Jim
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