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Biotech / Medical : WPI Watson Pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?


To: terri acey who wrote (23)10/26/1998 8:38:00 AM
From: Henry Niman  Read Replies (2) | Respond to of 61
 
Here's what Bear Stearns had to say about WPI acquiring THRT:
***Chairmen and CEO of Watson Allen Chao indicated that
TheraTech's broad based drug delivery platform and that its
portfolio of validated technologies makes it a meaningful
addition to Watson. Additionally, TheraTech provides Watson with
additional products for entry into Watson's core therapeutic
categories and potentially new areas. TheraTech has new products
in Women's Health and Dermatology. According to published
reports, TheraTech's sales are expected to be approximately $40
million in 1999.