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Biotech / Medical : ADVR: BULLS AND BEARS! -- Ignore unavailable to you. Want to Upgrade?


To: OLD JAKE JUSTUS who wrote (5753)4/30/1998 1:46:00 PM
From: DAN LITTLE  Read Replies (2) | Respond to of 8902
 
Jake, can you imagine what the sales would look like if their drug also faught against HPV, Hepatitis, Herpes, Influenza, Arthritis and I'm sure a few I've forgotten. It boggles the mind. $50.00? Maybe I'd better reevaluate.

Dan

"AIDS: The New Drug War"
Fortune (04/27/98) Vol. 137, No. 8, P. 60; Smith, Liz
Glaxo-Wellcome's AZT, which has been the principal drug over the past 10 years in the fight against AIDS, is getting some
stiff competition from Bristol-Myers Squibb's Zerit. Patients seem to tolerate Zerit better than AZT and do not build resistance
to the drug as fast. Monthly prescriptions for Zerit surged past AZT last December. To stem the threat to its market share,
Glaxo Wellcome last October introduced Combivir, a pill that combines AZT and 3TC. But annual sales of AZT and Combivir
combined rose only 7 percent in 1997 to $472 million, while year-on-year market share to February dropped from 29.3
percent to 16.5 percent. Meanwhile, Zerit's 1997 sales surged 185 percent to $389 million, and sales are expected to exceed
$600 million for this year.