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Biotech / Medical : Biogen
BIIB 181.890.0%Nov 26 3:59 PM EST

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To: Bwe who wrote (676)6/21/1998 11:42:00 AM
From: Harold Engstrom  Read Replies (1) of 1686
 
Thanks for the encouragement and information. I'm never sure if more than a couple of people read this thread or not.

I think the $85MM mark is possible this quarter. The slides shown at the meeting clearly showed a drop in momentum at the end of last year and a nice pop back into higher momentum for Avonex sales at the end of last quarter and into this quarter. Jim Tobin did say they were closing in on 45,000 patients and I thought the number was 38,000 at the end of last quarter (but could be wrong on that). The side-effect profile is still far superior to that of competing therapies and Biogen's data is still the only data to pass rigorous scrutiny and prove that Avonex slows MS progression. There is currently a 2ndary progressive trial that the company said should be complete in 2000. The company is hopeful that they can widen the market significantly earlier. Furthermore, the company is convinced that one or more of its other products in its anti-inflammatory program will be the next big leap in treating MS.

PuddleGlum, this is the Yin to my IDTI Yang.
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