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Biotech / Medical : Biogen
BIIB 168.83+2.4%Nov 18 3:59 PM EST

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To: Jonas Grumby who wrote (643)4/28/1998 4:06:00 AM
From: Stanley Cowen  Read Replies (1) of 1686
 
Hey DONT OVERREACT. This company may not even lose this lawsuit, since Hirulog did show some efficacy, just not enough to justify it as a homerun product. I don't think that Biogen would have gone to court if they didn't think they had a good chance to defend the suit. Besides, the company is doing great in terms of Avonex sales and pipeline development. Let's not call this bad news; its just a bump in the road. If you're worried about investor lawsuits, hop over to the S3 thread. Now they have something to worry about.
Stan
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