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Strategies & Market Trends : Guidance and Visibility

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To: 2MAR$ who wrote (784)	6/22/2001 2:09:22 PM
From: keithcray	Read Replies (2) of 208838

13:44 ET Biogen (BGEN) 61.56 -5.24 (-7.8%): -- Update -- Merrill Lynch expecting BGEN to present its official Amevive Phase III data at the Psoriasis meetings later this afternoon. According to firm, NY Times reporting on its site that the Amevive Phase III data is significantly worse than firm expected in terms of percentage of patients who responded to the drug and relative to Genentech data presented yesterday. Based on NY Times numbers, results were roughly half as good as firm expected.

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