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

PFE 25.70

-0.1%

Nov 26 3:59 PM EST

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To: Anthony Wong who wrote (1397)	2/2/1999 1:07:00 PM
From: Anthony Wong	Read Replies (2) of 1722

Merck, Others May Face Sales Surge on Y2K Hoarding, WSJ Says Bloomberg News February 2, 1999, 9:13 a.m. ET New York, Feb. 2 (Bloomberg) -- Merck & Co., SmithKline Beecham Plc and other pharmaceutical companies may face a surge in sales related to consumers stockpiling drugs because of fears the Year 2000 computer bug may disrupt prescriptions, the Wall Street Journal reported. Merck is studying sales patterns to detect signs of hoarding, which could strain drug makers' capacity if they're forced to meet a sudden increase in demand, said Charles Popper, Merck's chief information officer. Drug makers and distributors are developing common procedures for taking orders manually and processing claims in case of computer problems, the paper said. Merck, Aetna Inc. and about 38 other health-care companies have joined together to collaborate on plans for addressing the Year 2000 computer bug, which stems from the inability of some software to distinguish between 1900 and 2000. (Eastern edition of WSJ 2/2 B4 www.wsj.com) --Dylan Gallagher in the Princeton newsroom (609) 279-4051 /jjs

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