Steroidogenesis Inhibitors (STGI) Message Board

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Biotech / Medical : Steroidogenesis Inhibitors (STGI)

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To: star56 who wrote (44)	3/11/1999 6:14:00 PM
From: Jim Burnham	Read Replies (2) of 294

According to the Yahoo profile, Quintiles (Nasdaq:QTRN) is engaged in the provision of full-service contract research, sales and marketing serices to the global pharmaceutical, biotechnology and medical device industries. For the nine months ended 9/30/98, revenues increased 46% to $848.4 million. Net income increased 53% to $58.9 million. Revenues benefitted from increased existing and initiated services. Earnings also reflect a decrease in depreciation and general and administrative expense as a percentage of sales. On January 25th, 1999, STGI released, Steroidogenesis -STGI- & Quintiles -QTRN- in Master Services Discussions for Quintiles' Accelerated Proof of Concept Services. The article is at: biz.yahoo.com A great article about Quintiles, Quintiles: Outsourcing Sweeps the Drug Biz, can be found at: fnews.yahoo.com. The Aids Research Alliance is helping with the ANTICORT HIV treatment study. If you were to add in the help of the Quintiles, this study is going to have a lot of weight behind it. Quintiles involvement in STGI is significant. STGI doesn't have the means of mass-producing and marketing ANTICORT. Quintiles is the leader of the bio-tech outsourcing industry. They would be a perfect fit. The fact that Quintiles was even remotely interested in ANTICORT was the main reason I bought STGI. STGI has the potential of being a monster drug, which means monster dollars. BTW, I have been trying to get ahold of someone at Quintiles about STGI. When I hear something, I'll post it here. Jim

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