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Biotech / Medical : wla(warner lambert)

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To: Anthony Wong who wrote (615)3/24/1999 11:53:00 PM
From: Brian Malloy  Read Replies (1) of 942
 
It's too late for Rezulin.

The drug will probably not be pulled but the FDA will put some type of restrictions on it or mandate certain testing for patients using the drug. There are too many effective Diabetes products on the market that have a better safety profile. Additionally, two competitors will bring out drugs in the same class as Rezulin within the next few months. Unfortunately for WLA it appears that these new drugs due to not have this hepatic toxicity problem in selected patients and they don't require serial liver panels.

That leaves WLA with Lipitor and whatever they can get from the AGPH buy out.

I'm buying puts on WLA
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