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Biotech / Medical : IVAX Insider Trading
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To: Mark A. Stang who wrote (674)7/28/1998 3:19:00 PM
From: FISHERMAN  Read Replies (1) of 756
 
Mark

I recently refilled a prescription for a generic drug. The price was $51.00. Two months prior I had paid $6.50 for the same product, same quantity. The drug price increased 785%. The pharmacist told me that a lot of generics had gone up in price. I also heard about an increase in generics on TV, but no details were given.

In my email to IVX, I asked if this would help them. IR said they had
raised prices on some of their older products. Maybe we'll see a positive earnings surprise.

Good luck to Mom and you.

tw
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