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Biotech / Medical : wla(warner lambert)

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To: John Powell who wrote (131)12/2/1997 7:49:00 AM
From: Zoltan!  Read Replies (1) of 942
 
From Reuters:

Edmund Debler, an analyst at Mehta and Isaly, said the developments, particularly Glaxo's cautious
response, had cast doubts on troglitazone, even though relatively few patients had been shown to
have suffered liver problems.

''It's definitely not good news for Warner-Lambert,'' he said, predicting the company might have to
follow Glaxo's lead and withdraw the drug.

''Since one company has already suspended sales, it's hard to imagine Warner-Lambert will not
pull it from the U.S. market,'' Debler said.

biz.yahoo.com

On the other hand, Glaxo was trading up in Europe.

Regards
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