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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: margie who wrote (4434)6/5/1998 10:51:00 AM
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PW Growth & Tech Conference Correction

In message 4431 point 4), I stated that "Viracept has a lower market share among whites than blacks and hispanics." I MEANT, Viracept has a lower market share among blacks and hispanics than whites.

BTW, AGPH is searching for a late-stage HIV drug to expand its HIV franchise and leverage its sales force. Mr. Johnson said, "This is much easier said than done. Most of the biotechs at this conference will tell you the same thing." (They are looking to diversify their product base) Responding to a question, "We are both evaluating and talking with potential suitors."

Question: Does late state HIV drug mean one in the later stages of approval or one in the later stages of its market life, such as an opportunistic infection drug?
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