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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

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To: Thure Meyer who wrote (652)3/20/1998 1:31:00 PM
From: Robert L. Ray  Read Replies (1) of 1837
 
Has to be this Thure,

At 1:18pm est Kate Bonner on CNBC gave a report on why Premarin had no gereric competition. Duramed and Barr Labs were mentioned. It was a really nice overview about the whole deal where Duramed's product wasn't approved last summer because of the missing questionable trace elements from the horse urine. She wound up by saying that Duramed was going to try and come out with it's very on version of Premarin instead of the strictly generic route and named the drug... Synestrin...spelling?.... And went on to say that Duramed was expected to file with the FDA about this drug before the end of the month... Sorry I didn't catch the exact name of what they were filing.
And wound up the report by saying that it was possible that Duramed could have the drug approved by the end of the year.

All in all it was a nice plug for Duramed. A group called Citizens against Government waste was also mentioned briefly. The report started before an advertisment with the teaser.... What drug which is one of the most widely prescsribed drugs in the world has no generic competition and why.

Go Duramed:)
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