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Biotech / Medical : Agouron Pharmaceuticals (AGPH) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Monge who wrote (3264)12/9/1997 8:55:00 PM
From: Izzy  Read Replies (1) | Respond to of 6136
 
Short term, is this a good stock to hold?



To: Richard Monge who wrote (3264)12/9/1997 9:17:00 PM
From: Oliver & Co  Read Replies (1) | Respond to of 6136
 
I would think so.
Look at this.

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Lawsuit Fears, Cash Crunch Hit AIDS Vaccine Hunt"
Reuters (12/08/97); Bunce, Matthew
ÿÿÿÿ UNAIDS director Peter Piot says the search for an AIDS
vaccine is being hampered by a fear of litigation and a
perception in the pharmaceutical industry that such a product
might not be profitable.ÿ If an AIDS vaccine is developed, Piot
noted, there will be cases where it does not work and paying
compensation to people for whom a vaccine fails could ruin a drug
maker.ÿ Piot added, however, that an AIDS vaccine is necessary
and should remain a long-term goal.ÿ He also called for an
international AIDS therapy solidarity fund to help Africa deal
with a large increase in the number of people infected with HIV.