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Biotech / Medical : ICN Pharmaceuticals

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To: Michael Young who wrote (769)3/12/1998 12:11:00 AM
From: Robert Florin  Read Replies (1) of 1029
 
Most undervalued of the medium size pharm companies IMHO. This is one of those stocks which can give you a good long ride. It is amazing that the company is just getting discovered. When others realize the market potential in Eastern Europe, and the potential sales of Ribavarin to the literally millions with Hep C, it will go up further. Does everyone here know that there is a high incidence of cancer of the liver (fatal) in chronic cases of hep c (many of them). Many of the cases of hep c have previously been undiagnosed. Current lab tests can detect antigen's and antibodies (if present). I would not be surprised to see hepatologists recommending active treatment to non symptomatic hep c positive antigen carriers now that there is a 10x more effective treatment than just Interferon alone.
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