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


To: John Romeo who wrote (5490)10/13/1998 6:07:00 AM
From: nord  Read Replies (3) | Respond to of 6136
 
re earnings
Ihave heard that sales and earnings are very strong. I don't know about increased r7d and if it will significantly impact earnings.From yesterdays Roche release

Behind the Numbers

Roche's sales were boosted by its $10.2 billion takeover of Corange Ltd., which included German diagnostics company Boehringer Mannheim GmbH, analysts said. Still, growth excluding the acquisition was probably between 10 and 11 percent, or almost twice the expected industry average, according to analysts' estimates.

Sales were also boosted by Viracept, an AIDS drug developed by Agouron Pharmaceuticals Inc. of the U.S. and marketed by Roche in Europe. According to Credit Suisse First Boston analysts, Viracept is the best-selling AIDS treatment of its kind (protease inhibitor) in Europe.
Now lets see if memory serves me right Roche also sells a PI. Interesting that Viracept in an open market with large sales force and governments picking many of the drugs available ie the most cost effective therapy Viracept is the best selling PI in Europe where Roche calls home
Regards
Norden