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Biotech / Medical : PARANOID! TIRED OF TALKING TO YOURSELF? LET'S TALK(TTP)

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To: Arthur Radley who wrote (44)4/14/1998 8:43:00 AM
From: Arthur Radley  Read Replies (1) of 626
 
Interesting article in WSJ today. Lilly's Zyprexa drug appears to be headed to bring in over 1 Billion in world-wide sales. This will make it the #1 antipsychotic drug.

Titan's partner, Novartis, their drug Clozaril will have sales this year of about $450 million or less. Sales will continue to drop for them as they will face generic competition. It also appears that Clozaril has serious potential side-effects with a potential blood disease and seizures. Patients have to get regular blood test. The article further states,"because of the dangers, the great research focus in the treatment of schizophrenia has been to find a drug that is as effective as Clozaril without the dangers."

It is probably for these reasons that Novartis is working with Titan to bring their drug to the market.The expanding of the Phase III trials by Novartis and the spending of extra money by them, indicates (IMO) that they apparently have great faith in the potential for Iloperodine.
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