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Biotech / Medical : Indevus Pharmaceuticals (NasdaqNM:IDEV)

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To: SemiBull who started this subject12/18/2003 9:04:31 AM
From: tom r. phillips  Read Replies (2) of 78
 
fiscal 2003 results out. there's a lot to like here. strong cash position and a healthy pipeline. e.g.:

"The U.S. overactive bladder market continues to grow significantly and is expected to reach sales of approximately $1.2 billion in 2003," said Dr. Cooper. "We are in late-stage negotiations for a marketing partnership which will give us the resources to position trospium favorably in this large and expanding market and thus to achieve the commercial potential of this asset. We are well along in our market introduction plans and we expect to be in a position to launch the product in a timely fashion following anticipated FDA approval in 2004."

biz.yahoo.com

tom
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