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Biotech / Medical : Sepracor-Looks very promising

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To: Biomaven who wrote (2765)5/14/1999 4:34:00 PM
From: JOEBT1  Read Replies (2) of 10280
 
Peter--The problem is that this shakes the foundations for revenue/earnings projections for SEPR. If J&J backs out, other major partners might pull out if the ICE versions are not measurably better than the existing drug. The earnings projections were made assuming a high probability of success for ICEs--J&J's action indicates a much higher risk in these projections.
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