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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 (1152)11/25/1998 5:46:00 PM
From: Anthony Wong  Read Replies (2) | Respond to of 1722
 
158 Million Pediatric Office Visits; Kids' Rx Market Reaches $3.4 Billion
November 24, 1998 2:30 PM

NEWTOWN, Pa.--(BW HealthWire)--Nov. 24, 1998--Pediatricians
received 158 million visits from children between September 1997 and
August 1998.

Routine health exams (21%), otitis media (9%) and acute upper
respiratory infections (6%) led the reasons for these visits, according to
Scott-Levin's Physician Drug and Diagnosis Audit (PDDA).

Pediatricians generated about $3.4 billion in retail prescription sales
during the year ending August 1998, 6% more than in the prior 12-month
period.

Top Companies and Products

The top five companies competing in the pediatric market included
Schering-Plough ($443 million), Bristol-Myers Squibb ($352 million),
SmithKline Beecham ($330 million), Pfizer ($207 million) and Glaxo
Wellcome ($170 million).

For Schering, Claritin and albuterol provided the bulk of pediatric sales;
for BMS, Cefzil; for SmithKline Beecham, Augmentin; for Pfizer,
Zithromax and Zyrtec; and for Glaxo, Ceftin and Zantac.

Pediatricians in Demand

According to Scott-Levin's Personal Selling Audit, pediatricians received
about 8% of all product presentations by pharmaceutical sales
representatives in the 12 months ending August 1998, making children's
specialists the third-most detailed physician group, trailing just
GP/FP/DOs (33%) and internists (22%).

Pediatricians wrote about 130 million prescriptions during the year ending
August 1998, a 1% drop from the previous 12-month span, for an average
of 2,200 prescriptions per physician, based on data from Scott-Levin's
Source(TM) Prescription Audit.

Emphasis on Antibiotics

Four of the top 10 therapeutic classes prescribed by pediatricians were
categories of antibiotics (amoxicillins were first, cephalosporins second,
extended-spectrum macrolides fourth and the increased beta-lactam
activity class sixth). Compared with the prior year, retail prescription
volume in the 12 months ending August 1998 declined for amoxicillins
(-10.3%) and cephalosporins (-9.7%).

Information from PDDA shows that physicians frequently replaced
amoxicillins and cephalosporins with extended-spectrum macrolides
(Biaxin, Zithromax, etc.) during this period.

Of the 20 therapeutic classes most often prescribed by pediatricians in
the year ending August 1998, antihistamines exhibited the highest
growth (66%); this gain was primarily driven by Claritin (+82%).
Analeptics ranked third in prescription volume among pediatricians, who
wrote 4.6 million prescriptions, valued at $165 million, for generic
methylphenidate (Ritalin); and 742,000 prescriptions, worth $24 million,
for Shire Richwood's Adderall.

In the August 1998 period, pediatricians most often prescribed liquid
formulations (45%) of prescription products, followed by oral solid
formulations (31%). Amoxicillin and albuterol dominated the top 10 drugs
prescribed by children's specialists; each chemical was the active
ingredient in three products on the top 10 list.

For more information, please contact Kevin McFadden at 215/860-0440;
fax: 215/860-5477. Or e-mail him at email@scottlevin.com.

Scott-Levin's Source(TM) Prescription Audit tracks prescriptions
dispensed to patients by U.S. retail pharmacies. The Physician Drug and
Diagnosis Audit monitors patient visits to doctors and treatment
associated with those visits. The Personal Selling Audit tracks details to
physicians in office settings.

Scott-Levin, a division of PMSI/Scott-Levin Inc., provides consulting and
communication services to pharmaceutical companies worldwide. For
daily news updates, visit Scott-Levin on the World Wide Web at
scottlevin.com.

CONTACT: Scott-Levin, Newtown

Kevin McFadden, 215/860-0440
Fax: 215/860-5477
email@scottlevin.com

14:16 EST NOVEMBER 24, 1998

BW0161 NOV 24,1998 11:16 PACIFIC 14:16 EASTERN



To: Anthony Wong who wrote (1152)11/27/1998 1:47:00 PM
From: Anthony Wong  Respond to of 1722
 
Lilly (Eli) & Co. Reiterated 'Buy' at Gruntal

Bloomberg News
November 25, 1998, 7:00 a.m. PT

Princeton, New Jersey, Nov. 25 (Bloomberg Data) -- Lilly (Eli) & Co. (LLY
US) was reiterated ''buy'' by analyst David F. Saks at Gruntal & Co.
The 12-month target price is $108.00 per share.

-- Donna McDonald in Princeton, New Jersey, (609)279-3731