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Biotech / Medical : Novartis
NVS 126.71+1.0%3:35 PM EST

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To: Tom Wilkes who wrote (83)11/2/1997 4:21:00 PM
From: TheSlowLane  Read Replies (1) of 296
 
I have seen a couple of drug announcements involving Novartis recently but before that there was some press surrounding the work they are doing with genetically-engineered food products. It was interesting in that these products have met with some resistance in Europe (people just don't like their food engineered) but that there is generally better acceptance in the U.S. for these products. I don't know how this piece of the business compares to the pharmaceuticals but I suspect it's not altogether insignificant. I can't address your questions/concerns about Chiron, I don't know anything about it. I got hooked up with NVTSY through N&B.
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