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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Miljenko Zuanic who wrote (3209)12/8/1997 8:14:00 AM
From: F. Jay Abella, III  Read Replies (1) of 6136
 
Hi All:

Excuse the intrusion but I have a thought for a way to play AGPH without taking on all the risk associated with present capitalization or emerging competition.

If you longs really believe that AGPH will be player in the AIDS market for years to come, look at SunPharm Pharmaceuticals (Nsdq:SUNP). SUNP has a drug in Phase II trials, the results of which are due soon, for their AIDS related diarrhea drug, DEHOP. The onset of ARD is many times associated with the use of protease inhibitors, especially Viracept, and occurs in approx 20% of all AIDS patients.
The mitigation of this adverse event would undoubtedly drive Viracept sales. However, what do you think the shares of tiny SUNP, with 7.5mm fully diluted shares out, and 2.8mm in the float would be worth? With its present market cap of $43mm, I was compelled to write about the company at westergaard.com under company profiles. I would welcome any discussion of the AGPH/SUNP play.

F. Jay Abella
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