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Biotech / Medical : Pharma News Only (pfe,mrk,wla, sgp, ahp, bmy, lly)

PFE 25.44

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To: Anthony Wong who wrote (890)	10/10/1998 11:01:00 PM
From: Anthony Wong	Read Replies (2) of 1722

Merck, AHP [& LLY] Among Drug Stocks Picked by Schroer, Barron's Says Bloomberg News October 10, 1998, 4:52 p.m. ET New York, Oct. 10 (Bloomberg) -- Merck & Co., American Home Products Corp. and Eli Lilly & Co. are among drugmakers Invesco Funds Group Inc. portfolio manager John Schroer expects to profit even in a global recession, Barron's reported. The fund manager likes the stocks because the companies are developing new drugs and don't do a lot business in less-stable emerging markets. McKesson Corp., IMS Health Inc., AmeriSource Health Corp., Medtronic Inc. and Sofamor Danek Group Inc. are other stocks Schroer is buying, the paper said. Schroer manages the $1.2 billion Invesco Strategic Health Sciences and $500 million Invesco Global Health Sciences funds. --Andrew Brooks in the Princeton newsroom (609) 279-4066/gfh

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