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

PFE 24.44

-1.7%

Nov 7 9:30 AM EST

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To: Anthony Wong who wrote (1038)	11/12/1998 9:06:00 PM
From: chirodoc	Read Replies (1) of 1722

SAN DIEGO -- Potential billion-dollar superaspirins aside, this American College of Rheumatology conference is Enbrel's show. Back to Superaspirin Monsanto's (MTC:NYSE) Searle unit had more data on Celebrex, the superaspirin that is regarded as one of the next billion-dollar drugs. Merck's (MRK:NYSE) Vioxx is the other. The story of the COX-2 inhibitors, or superaspirins, is that they kill pain as well as other nonsteroidal anti-inflammatory drugs, but they don't cause the gastrointestinal bleeding that kills several thousand people each year. In the study presented Wednesday afternoon, Celebrex caused four stomach ulcers out of 212 patients, compared with 15 of 218 patients in the control group. The rate of upset stomach and abdominal pain wasn't starkly different between groups. Initially, Wall Street analysts think that the drug will be used for chronic pain and not by the weekend warriors who sprain their ankles and go to the hospital. But that still means big numbers, according to analysts.

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