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Biotech / Medical : ANDRX-Reaffirm Outperform Recommendation-Gruntal Research

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To: PAUL ROBERT ST. ONGE who wrote (6)11/13/1996 12:54:00 AM
From: James Silverman   of 23
 
Paul,
I've received the ADRX investment packet. Going to have Biovail send me theirs tomorrow. Just want to see how far they are along with products ADRX is working on. I'm trying to gauge how long the exclusivity period for ADRX will be for Cardizem CD whenever it is approved.

One item I noticed which is significant. I had previously thought Watson and ADRX had JV rights to Cardizem CD, Dilacor XR, that is not the case. ADRX has these two initial drugs exclusively as of now. This is very positive as the profits on this are theirs to keep.
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