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Biotech / Medical : Pharma News Only (pfe,mrk,wla, sgp, ahp, bmy, lly) -- Ignore unavailable to you. Want to Upgrade?

To: Anthony Wong who wrote (758)	9/9/1998 1:42:00 PM
From: Anthony Wong	Respond to of 1722

Warner-Lambert Reiterated 'Buy' at J.P. Morgan Bloomberg News September 9, 1998, 1:01 p.m. ET Princeton, New Jersey, Sept. 9 (Bloomberg Data) -- Warner-Lambert Co. (WLA US) was reiterated ''buy'' by analyst Carl J. Seiden at J.P. Morgan Securities. -- Andrew Bekoff in Princeton, New Jersey, (609)279-3652

To: Anthony Wong who wrote (758)	9/9/1998 1:44:00 PM
From: Anthony Wong	Respond to of 1722

[WLA PFE] 13:20 Alzheimer's Costs U.S. Business $33 Billion a Year, Study Says Sept. 9 (Bloomberg) -- Alzheimer's disease, a debilitating disorder that often strikes older people, costs U.S. businesses more than $33 billion a year in lost productivity, absenteeism and treatments costs, according to a new study. The study, sponsored by the Alzheimer's Association, found that about $26 billion a year is lost as workers take time off to care for relatives with the disease. The costs include expenses of basic absenteeism, shifting personnel to cover for absent employees and hiring other workers to fill in. ''These numbers are conservative,'' said Edward Truschke, president and chief executive of the Alzheimer's Association. ''This is a wake-up call for all of us.'' Currently, Alzheimer's affects some 4 million Americans. Experts predict, however, that the total number of people with the condition will climb to 14 million as the Baby Boom generation ages. Truschke's group used the study to call for more Congressional spending on Alzheimer's research. It's ''an investment we can't afford to delay another minute,'' Truschke said. Leading drugmakers including Warner-Lambert Co., Pfizer Inc. and Japan's Eisai Co. sell treatments for the disease, which can cause dementia, memory loss and other symptoms. Still, the treatments can only help improve functioning in some patients. There is no cure. Ross Koppel, a sociologist and researcher from the University of Pennsylvania, led the business costs study, released today at a news conference in Washington. quote.bloomberg.com

To: Anthony Wong who wrote (758)	9/9/1998 1:50:00 PM
From: Anthony Wong	Read Replies (3) \| Respond to of 1722

[MRK WLA GLX] Brown Bros.' Hill: Pharmaceuticals, Bank Stks Attractive September 08, 1998 11:49 AM NEW YORK (Dow Jones)--Pharmaceutical and banking issues are poised for a run-up following a week of market weakness, according to Ron Hill, a senior manager with Brown Brothers Harriman & Co. "Pharmaceuticals overall have been the best place to be," Hill said, citing Merck & Co. (MRK), Warner-Lambert Co. (WLA) and Glaxo Wellcome PLC (GLX). He added that many banking issues, such as Merrill Lynch & Co. (MER) and Citicorp (CCI), are undervalued. -Victor Ozols; 201-938-5394 smartmoney.com