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Biotech / Medical : Biogen
BIIB 164.81-1.7%Nov 17 3:59 PM EST

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To: Michelino who wrote (638)4/10/1998 5:19:00 PM
From: Stanley Cowen  Read Replies (2) of 1686
 
Local paper reported positive results from yearlong study at University of of Miami's Center for Liver Diseases of Amgen's Infergen on Hepatitis C patients. Results reported in journal Hepatology April issue. According to Lynn Henderson, Amgen spokesperson, conventional therapy consisted of a lower dose of Infergen and Intron A, a drug made by Schering Plough and licensed by Biogen. Under this therapy, only half of the patients responded to the low dose therapy and only 20 period achieved remission. When the dose of infergen dosage was increased, nearly 60 percent of those who initially responded but relapsed, successfully achieved a sustained remission.

Royalties from Intron A may be impacted. Has this hurt the stock price? Any comments from persons with better understanding of the situation would be appreciated.
Thanks
Stan

P.S. Support at 41, Resistance at 49.
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