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


To: aknahow who wrote (810)9/15/1998 3:54:00 PM
From: Anthony Wong  Respond to of 1722
 
George, thanks for the excerpts. AHP (and MTC) have been on my watch list but I have "watched" too long and the stock price is now above my buy range.

P.S. I know you're kidding, but believe me, I too feel there's an overkill on Viagra news.



To: aknahow who wrote (810)9/15/1998 4:10:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 1722
 
09/15 16:00 Merck jumps on hopes for newer products

NEW YORK, Sept 15 (Reuters) - Merck & Co <MRK.N> shares jumped
Tuesday on top of sharp gains Monday after positive developments on
important new medicines reduced worries over the impact of expiring U.S.
patents on several older drugs, analysts said.

Shares of Pfizer Inc <PFE.N>, meanwhile, slipped despite the decision
Tuesday by the European Union to give marketing approval to its
anti-impotence drug, Viagra.

Analysts said investors were worried about signs that some European countries
might sharply limit or totally deny reimbursement for Viagra, which became the
fastest-selling drug in U.S. history after Pfizer launched it in May.

Shares of Merck, which rose four on Monday, were up another 3-3/8 to
135-5/8. Pfizer was down 1-5/16 to 101-13/16.