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Biotech / Medical : wla(warner lambert)

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To: Zoltan! who wrote (111)12/1/1997 7:27:00 PM
From: Ted Downs  Read Replies (1) of 942
 
Duncan,

<< Either way, Glaxo stands to be the big winner. >>

You don't think the fact that Glaxo has their competing drug in trials would in any way affect their judgement to pull WLA's drug rather quickly? Apparently there are other people pondering the question including Goldman Sachs analyst Prem Lachman. "Goldman Sachs' Lachman, though, said Glaxo Wellcome is developing its own glitazone drug,which is entering interim-stage trials and may have played a role in the company's decision. "We wonder what their motivation is with respect to the (suspension)," Lachman said. reported on Dow Jones
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