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Biotech / Medical : Sepracor-Looks very promising

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To: j_fir2 who wrote (2302)4/14/1999 11:09:00 AM
From: BDR  Read Replies (1) of 10280
 
<<SEPR is preparing to go into Phase II trials on the ICE oxybutynin, and the market model that has enticed so many newcomers depends upon riding the coattails of blockbusters... >>

I don't know the sales figures for Ditropan but I wouldn't call it a blockbuster. It is no Prozac, that is for sure. Incontinence is a major problem but it is a symptom that has a variety of causes, only some of which are amenable to pharmacologic correction. Anyone looking at the number of people with incontinence in this country and envisioning every one of them taking Sepracor's S-oxybutynin in five years will be sorely disappointed by the actual sales, even if S-oxy turns out to be the best incontinence drug out there.

S-oxy has only completed Phase I trials and I don't think it is on anyone's radar yet. If SEPR has sold off 10-20 points because of AZA's problems with a slow release form of the racemic mixture that S-oxy might replace, then those sellers don't have a good grasp of where SEPR may be going. I don't know why the stock has moved recently as it has but it is not due to this issue in my opinion.
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