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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Vector1 who wrote (6866)7/15/1999 9:02:00 PM
From: Vector1  Respond to of 9719
 
MOGN news
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MINNEAPOLIS (Dow Jones)--MGI Pharma Inc. (MOGN) and Pharmacia & Upjohn Inc.
(PNU) agreed to co-promote Azulfidine EN-tabs in the U.S. for patients with
rheumatoid arthritis who haven't responded well to other treatment.
Terms weren't disclosed.
In a press release Thursday, MGI Pharma said it expects "nominal" sales from
Azulfidine EN-tabs in 1999, and modest, but more "meaningful" sales in 2000
after the two companies launch the joint marketing campaign in September.
MGI Pharma and Pharmacia & Upjohn are pharmaceutical companies.