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Biotech / Medical : Neurocrine Biosciences (NBIX)
NBIX 136.22-0.8%Jan 23 9:30 AM EST

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To: Icebrg who wrote (1229)6/22/2004 2:00:07 PM
From: Icebrg  Read Replies (1) of 1834
 
Neurocrine Biosciences "outperform"

Monday, June 21, 2004 1:02:16 PM ET
Piper Jaffray

NEW YORK, June 21 (New Ratings) - Analyst Thomas Wei of Piper Jaffray maintains his "outperform" rating on Neurocrine Biosciences (NBIX.NAS).

In a research note published this morning, the analyst mentions that the company's share price has declined recently over investor concerns regarding a delay in the filing of the Indiplon-MR drug. However, the analyst expresses his optimism regarding the company's ability to file for the FDA approval of Indiplon-MR on schedule. According to Piper Jaffray, Neurocrine Biosciences and its partner, Pfizer, are on track to launch Indiplon-MR in the US during 2H05.
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