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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (1489)4/14/2004 9:39:15 AM
From: Biomaven  Read Replies (1) | Respond to of 1826
 
March, 11, 2004 - Well I only got one taker for my Aloxi 2004 sales prediction contest - Ward, with a $150m prediction. To go with that, we have Merrill Lynch at $97.5m, which they say is street high, and mine at $140m.

Message 19907920

From last month's release:

March 17, 2004--MGI PHARMA, INC. (Nasdaq:MOGN - News) today announced that it expects sales of Aloxi(TM) injection for the first quarter of 2004 to exceed previous guidance of $12 million. MGI PHARMA now anticipates sales of Aloxi injection to be in the range of $15 million to $17 million for the first quarter. Recent trends indicate that 2004 annual sales of Aloxi injection could exceed prior guidance and range from $100 million to $110 million.

From today's release:

For the year ending December 31, 2004, we currently
expect:

-- Aloxi injection product sales to range from $115 million to $130 million


One or two more upward adjustments and Ward's or my prediction will be well inside the ballpark.

Peter