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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: Izzy who wrote (3150)12/5/1997 7:47:00 AM
From: sam  Read Replies (1) of 6136
 
On the PW conference call, it was clear that AGPH expected excellent European sales of Viracept (as I reported in my previous post, Roche is ramping up for a major run). Other points made by Johnson, there has been no scientific brain drain at AGPH. And, he stated his belief that it is absurd to see Viracept as a flash in the pan. It'll be around, he said, "for decades." As for sales to Africa/Asia, all the estimates for AGPH earnings assume no sales to areas that cannot afford the drug.
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