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Biotech / Medical : Biotech & Pharma.T.A,
BIB 77.91+1.5%Nov 18 4:00 PM EST

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To: Jibacoa who wrote (78)10/22/2002 11:10:38 PM
From: Jibacoa  Read Replies (1) of 3722
 
JNJ and the coated stent market.

Well in spite of closing to the downside today, it is likely that JNJ will bounce back tomorrow after an FDA advisory panel today unanimously endorsed its Sirulimus-coated stent.

JNJ said they expect approval of their Cypher stent by the end of the first Q in 2003.

Analysts predict that the drug-coated stents will double the size of the overall coronary stent market to $5 billion.

It is expected that J&J will be alone in the drug-coated stent market for a full year because BSX is not expected to bring its paclitaxel-coated stent to the U.S. market before the end of 2003.JNJ is already marketing its Cypher stent in Europe.

biz.yahoo.com

siliconinvestor.com

siliconinvestor.com

BSX has been outperforming JNJ and GDT in the last 3 months.

siliconinvestor.com

Bernard
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