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


To: scaram(o)uche who wrote (10750)3/2/2004 4:17:22 PM
From: quidditch  Respond to of 52153
 
<<yeah, they need to get market share in a hurry....>>

Whether it's NBIX's own PR blitz or a wake-up call on valuation for the market value of sleep medications, NBIX is doing quite nicely today. Certainly a lot of focus now on this indication.

Separately, S&P ups SEPR outlook:

<<NEW YORK, March 1 (Reuters) - Standard & Poor's on Monday
raised its long-term outlook on Sepracor Inc. (SEPR - news) to
"positive" from "stable," saying the specialty pharmaceutical
company's new insomnia treatment Estorra could significantly
diversify the company's revenue stream.
At the same time, S&P affirmed Sepracor's corporate credit
rating of "B," its fifth-highest junk rating. Sepracor has
about $1.2 billion of debt, S&P said in a statement.
Sepracor on Saturday said it received conditional U.S.
approval for the sleep drug, which can be used both to trigger
sleep and to maintain it through the night, as opposed to other
products that are just approved for the onset of sleep. >>

quid