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Biotech / Medical : Celltech Group (NYSE: CLL) -- Ignore unavailable to you. Want to Upgrade?


To: nigel bates who wrote (34)4/24/2002 10:17:15 AM
From: keokalani'nui  Read Replies (1) | Respond to of 123
 
Anyone...this is where I'm really stupid.

Would a 1mL load be considered a big injection?

Wilder



To: nigel bates who wrote (34)4/24/2002 8:13:27 PM
From: mopgcw  Respond to of 123
 
Morningstar likes the deal:

We are encouraged by Biogen's BGEN first-quarter earnings, which met analysts' expectations, as well as the addition
of Celltech's CLL drug CDP-571 to Biogen's late-stage pipeline. The company announced Wednesday that worldwide Avonex sales increased 22% from the same quarter in 2001, but we expect this growth rate to decline as we see the effects of competing drug Rebif, which entered the U.S. market in March. The company's saving grace will be its products in late-stage development; it has partnered with Celltech for worldwide commercial rights for CDP-571, a monoclonal antibody to treat Crohn's disease.

The drug is in Phase III testing and could reach more than $300 million in annual sales. We will be adjusting our fair value to include this new revenue stream.
Jill Kiersky