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Biotech / Medical : Biomatrix (BXM) Looking Great

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To: Donald Gravenor who wrote (108)10/11/1997 2:52:00 AM
From: Philip H. Lee   of 569
 
Re: Taxol market trends.

Do you have any information regarding Taxol's expected annual sales growth? Are limited supplies restraining Taxol's revenue growth? The only sales info I found were that 1996 worldwide sales were $813 million, and $444 million through 1997 Q2.
Source: ww2.newswire.ca

>I prescribe a lot of taxol. Here, in Canada, Bristol Meyers Squibb is pricing taxol (paclitaxel) very agressively, and just cut its' price by about 1/3. I expect that it will be cut further, to keep their market share.<
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