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Biotech / Medical : Immunex

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To: LemurHouse who wrote (258)11/19/1998 8:02:00 PM
From: Anthony Wong  Read Replies (1) of 656
 
16:46 T =Immunex Stk -3: Enbrel Being Explored For Added Indications

Medicare does not reimburse for home use drugs. But Enbrel, which is a self injection, has already had some Medicare reimbursement on a case-by-case basis in certain states, Franklin Global Healthcare Fund's Von Emster said.

An Immunex spokesman said the company, which doesn't comment on stock fluctuations, hasn't made any news announcements Thursday.

Enbrel was approved Nov. 2 and launched simultaneously. The drug is being explored for added indications, including use for juvenile rheumatoid arthritis and congestive heart failure.
-Melanie Trottman 201-938-5287
(END) DOW JONES NEWS 11-19-98
04:46 PM
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