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Biotech / Medical : North American Vaccine (NVX)
NVX 1.035-5.5%Dec 30 3:59 PM EST

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To: kech who wrote (24)1/24/1997 12:31:00 PM
From: Don W Stone   of 35
 
Tom: By the time Chiron has a DTaP product,NVX will be marketing a new DTaP-IPV vaccine so I don't look on Chiron as being any threat. As to SKB it is anybodies guess as to what is going on with their DTaP vaccine. they have some real problems that were disclosed at their Adv Comm. Mtg back in July. I don' tthink they will ever get approval to use it for the 4th and 5th shot.
As to price pressure later on. NVX has a state of the art manufacturing facility, that plus the fact that their vaccine is the only moncomponent vaccine makes them for sure the low cost producer.
The market in any event is plenty big enough t support several suppliers and NVX being the only pure play makes things very attractive. :-}
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