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Biotech / Medical : Biogen
BIIB 167.63+1.8%Nov 14 9:30 AM EST

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To: Harold Engstrom who wrote (750)9/25/1998 2:25:00 PM
From: Hong-Lee Yu  Read Replies (1) of 1686
 
Harold,

Let's hope so. Do you know how big secondary progressive market is ?

To continue to grow at 25% or more beyond 1999 and before new drugs are on market in 2002, BGEN will need to make $3.75 -$4.00 per share by 2001. I think that they can achieve with 950M product sales (230M from royalty, 720M from Avonex).
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