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


To: General Crude who wrote (5306)9/15/1998 1:54:00 PM
From: Steve Fancy  Read Replies (2) | Respond to of 6136
 
The press release seemed encouraging, but just the mention of AG3340 seems to send the stock down. I'm becoming more suspect that they may pull the plug on the cancer trials and focus on AMD. Based on the plans to create this oncology division, it sounds like they feel they may have something here, though if it were created tomorrow, I could see it going to zero real fast. In general, the street still appears to put no confidence in the pipeline.

sf