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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)

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From: Ian@SI10/11/2006 1:48:22 PM
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Looks like PFE selling Factive in Mexico hasn't been much help...

Oscient Estimates 3Q Rev Growth On Antara Rights Purchase

DOW JONES NEWSWIRES
October 11, 2006 8:58 a.m.

DOW JONES NEWSWIRES

Oscient Pharmaceuticals Corp. (OSCI) expects to report that third-quarter revenue climbed to slightly more than $11 million from $5.94 million a year ago, helped by the August acquisition of the U.S. rights to cardiovascular drug Antara.

The Waltham, Mass., company said Wednesday it expects to generate third-quarter revenue of about $4 million from Antara 130-milligram capsules.

The biopharmaceutical concern anticipates its revenue from Factive tablets, a treatment for respiratory tract infections, will decrease to about $4 million from $4.8 million a year earlier.

Oscient plans to report quarterly financial results on Nov. 9.
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