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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)

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From: Icebrg8/21/2006 1:32:36 PM
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Millennium Pharmaceuticals "neutral"

Monday, August 21, 2006 3:46:28 AM ET
Robert W. Baird

NEW YORK, August 21 (newratings.com) - Analysts at Robert W Baird reiterate their "neutral" rating on Millennium Pharmaceuticals Inc (MLNM.NAS). The target price is set to $11.

In a research note published this morning, the analysts mention that the recently undertaken hematologist survey suggests that Velcade continues to maintain its market share in multiple myeloma (MM) and is gaining physician preference for the treatment of NHL. The analysts expect Velcade sales to exceed the estimates for FY06.
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