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Biotech / Medical : wla(warner lambert) -- Ignore unavailable to you. Want to Upgrade?


To: Linda Pearson who wrote (123)12/1/1997 9:58:00 PM
From: George Dawson  Respond to of 942
 
Linda,

This was a different excerpt from the article:

"It strengthened its recommendations about the drug, known generically
as troglitazone, after reports that some people on the drug had suffered
liver failure and three had died."

It may be an idiosyncratic reaction, but the overall impression is that there more concern and uncertainty. As an example, there are drugs taken by 2 - 3 x as many people for more years, but cause this many deaths from liver failure. I think it also explains why WLA is saying that the risk is much less than the risk from diabetes, while the drug as withdrawn temporarily in the U.K.



To: Linda Pearson who wrote (123)12/2/1997 12:10:00 AM
From: Zoltan!  Read Replies (1) | Respond to of 942
 
>>Need I say more

Yes, because those are old figures. In the last month they have increased by over 300%. Figures are still small but the jump is alarming.

The FDA says it has received about 150 reports of adverse events, a substantial increase from the 35 reports it had received through late October that led to the initial warning to doctors.
interactive.wsj.com

Regards



To: Linda Pearson who wrote (123)12/2/1997 2:01:00 AM
From: Sonki  Respond to of 942
 
Linda the gap down and huge volume ..looks way overdone, UNLESS there is something else we don't know. I am thinking of buying this now.

can't figure out though why this news was taken so hard.
ofcourse it was trading at 45-50 pe before so anything could
upset the stock.

still the pe is (38 ) is high but looks like a bargain.