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Biotech / Medical : ANDRX (ADRX)

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To: PAUL ROBERT ST. ONGE who wrote (2)9/18/1996 2:40:00 AM
From: rkrw   of 127
 
Is not ISIS in antisense and AndRx into drug delivery? I really dont see any similarities. Isis is a biotech, AndRx reformulates existing drugs, mainly as a super generic type of firm.

AndRx does look like a solid co. If you compare them to Biovail, another drug delivery firm, it is clearly priced far more realistically with similar prospects going forward. Biovail's at about a $billion cap, AndRx closer to $200 million.

AndRx also has an interesting JV with Sepracor to form a once daily version of Allegra, the antihistimine. I look for more JVs between the two companies in the future.
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