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Biotech / Medical : Teva Pharmaceuticals
TEVA 32.01-1.5%Jan 9 9:30 AM EST

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To: Doug who wrote (168)2/15/1998 8:49:00 AM
From: Omer Shvili  Read Replies (4) of 340
 
In your post you refer to your projections, meaning you claim to know Teva's business. However, if that was the case the least you would have known is their MS drug is called Copaxone and not Copazone, like you call it.
The window for Copaxone isn't closing, and there were other drugs on the market when Copaxone got FDA approval (Biogen's product is dominant). There are other MS drugs expected to reach the market but didn't get approval yet. Teva's numbers - 6,000 users of Copaxone - met Marion's target, and only fell short of analysts expectations. I'm sure Teva will make money on Copaxone in '98 (maybe not as much as analysts expected, but it will contribute to bottom line), and their generic business is doing great even with the tougher competition (Teva is one of the leaders in this market, with a rich pipeline). Your numbers ( $1.30 - $1.80 ) are way off, wait 12 months and you'll understand how off they are.

Omer
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