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Biotech / Medical : ABTI Alpha-Beta Technology
ABTI 0.0002000.0%Nov 7 9:30 AM EST

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To: J.F. who wrote (211)7/3/1997 11:27:00 AM
From: Rosemary   of 572
 
Is this the reason:

Pharmacia & Upjohn Inc. (PNU) shares rose as much as 1 3/16 to 37 3/16 after the drugmaker
said it will shutter three drug- development sites and consolidate its global drug business under one
executive, while warning that its second-quarter profit will be lower than the first quarter's, when it
earned 37 cents a share. The company was expected to earn 43 cents, according to the average
estimate of 17 analysts surveyed by IBES International Inc.
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