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Biotech / Medical : MedImmune

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To: JS Ogrady who wrote (125)7/10/1998 11:58:00 AM
From: Diane  Read Replies (1) of 416
 
Good news from Briefing.com:

MedImmune Inc. (MEDI) 62 3/4 -1 1/8: Adams Harkness initiates coverage of developer and marketer of therapeutics and vaccines with "buy" and a year-end price target of $83; company granted FDA approval for Synagis, a monoclonal antibody to replace RespiGam, expects Synagis sales of $162 mln in FY98, $251 mln in FY99, $326 mln in FY00 and $429 mln in FY01; expects company to earn $0.08 in FY98 and $1.80 in FY99.....
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