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Biotech / Medical : Immunex -- Ignore unavailable to you. Want to Upgrade?


To: D.Austin who wrote (488)3/22/2001 5:43:43 PM
From: LemurHouse  Read Replies (2) | Respond to of 656
 
Yeah, its down to the Enbrel story at this point, but that's still a pretty good story. Next year's earnings will not be negatively affected, but this will make the P/E contract obviously. How big is the market for Psoriatic Arthritis I wonder? Trying to get into the conference call now but they seem to be having trouble setting it up.

PS: I think the main question will be what kind of multiple the market is willing to assign for Enbrel going forward for the next couple of years. Still a huge market.