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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Steve Fancy who wrote (4188)5/2/1998 4:56:00 PM
From: Mike Hagerty  Read Replies (1) of 6136
 
In Dick Davis Digest this week end:

"Agouron Pharmaceutical (AGPH 36 OTC) reported financial results for their fiscal 1998 third quarter," notes Jim McCamant (Medical Technology Stock Letter). "Net income was $0.41 per share compared to a net loss of $0.18 per share in 1997. Sales of Viracept continue to increase.
Since the drug was launched in March of last year, Viracept sales totaled over $300 million. This makes Viracept number one all-time in terms of the first twelve months of sales of any product from a biotech company. Agouron is a buy under 40."

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