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Biotech / Medical : sgp(schering plough)

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To: jbe who wrote (16)12/11/1997 1:06:00 PM
From: JBruin  Read Replies (2) of 117
 
jbe,

<What about prospects, etc.? Any ideas?>

My opinion is that there are two major events that would have a significant impact on earnings estimates. The first is the Japan approval for Claritin (I'm not sure if you guys already covered this on the thread, I didn't read through all of them). Claritin has approx. 60-70% of the US antihistamine market and given the size of the Japanese market the impact on revenues/earnings would be sizeable.

The second is the potential of the Sepracor DCL formulation of Claritin. If the tests of this "new and improved" Claritin go well, then SGP could effectively extend its patent expiration from 2004 to 2014. The possible launch of the DCL formulation would probably be 2001-2 but this assumes the tests go okay.

Anybody other ideas? Comments?
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