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Biotech / Medical : Pharmos (PARS)

PARS 2.700

+13.6%

Jan 21 4:00 PM EST

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To: yosi s who wrote (294)	12/8/1998 8:01:00 AM
From: Ariella	Read Replies (2) of 1386

Am reading some of the releases available at a site mentioned by someone on the Yahoo Club thread and find a release from July 1995 announcing the marketing agreement with BOL for the Lotemax family of products. A quote: "Pharmos estimates that the worldwide opthalmic inflammation and allergy market is around $750 million." Presumably BOL provided PARS with this figure and it included all three eye drugs. If it were accurate and we got 15% market share, that would make our final cut $22.5 million-$30 million/year once the product roll-out is completed. BOL's cut would be $80 million- $106 million, something definitely worth moving a little faster for! Hope they still have their calculators out. Ariella

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