Biotech & Pharma.T.A, Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Biotech & Pharma.T.A,

BIB 70.25

+0.1%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jibacoa who wrote (231)	1/21/2003 10:45:51 PM
From: Jibacoa	Read Replies (1) of 3722

BSX and "The "stent Market" Message 17216868 In March last year Barrons was recommending GDT and JNJ over BSX Message 17240022 As I mentioned back in September after the results of TAXUS II, BSX outlook appeared favorable. Message 18044698 An as I mentioned in October, BSX seemed to be taking the lead, after it launched its Express2 coronary stent.<g> siliconinvestor.com Today BSX said that its 4th Q net income soared more than 62% apparently on the basis of brisk U.S. sales of its Express coronary stent. BSX also said that it has received European marketing approval for its stents containing paclitaxel, (the stent in its Taxus II trial), which "is expected to revolutionize the treatment of coronary artery disease". According to BSX president of its cardiovascular unit, BSX has displaced JNJ as the No. 2 stent supplier in the US (GDT remains #1.<g> But drug-eluting stents are expected to double the current stent market to $5 B in the next few years and JNJ will be the first one with it in the US.(JNJ's Sirolimus soated stent is expected in the 1st or 2nd Q and BSX's not until the 4th Q.)But no other competitors are expected for at least 3 years.<g> After its early up-gap, BSX could not keep its upward momentum and closed down 3.74% on volume of 7.6 M (more than 3x its daily average). siliconinvestor.com It had been doing new 52 wks Hs since September.(It has more than doubled from its L last January at 21.) siliconinvestor.com BSX Traded for a while this morning above its July 1999 H of 47.06 siliconinvestor.com Bernard

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next