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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Peter Singleton who wrote (3608)1/14/1998 8:38:00 PM
From: JOHN W.  Read Replies (1) of 6136
 
I was curious on the article you posted, I saw the exact same thing except it stopped where you have found the following additional statement by Engleberg:

<<"On the other hand, we could see potential downside
disappointment, just because there are new competitors coming into the
market."

Those competitors include a new protease inhibitor from
Massachusetts-based Vertex Pharmaceuticals that could hit the market
this year as well as new variations on current drugs.

Additionally, some studies have suggested that patients eventually
develop resistances to the protease inhibitors.

Wang said analysts are looking to presentations at upcoming medical
conferences, including one next month, to get a better idea of how
effective the Vertex drug is.

But she said Agouron could also have new data to strengthen its
position, including studies of Viracept in combination with other
protease inhibitors and in twice-a-day regimens, instead of the usual
three doses.>>
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