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Biotech / Medical : Monsanto Co. -- Ignore unavailable to you. Want to Upgrade?


To: RMP who wrote (929)1/19/1999 6:31:00 PM
From: Anthony Wong  Respond to of 2539
 
From a Bloomberg report on PFE earnings:

Pfizer stepped up its marketing ahead of the introduction
this year of a new potential blockbuster arthritis drug, Monsanto
Co.'s Celebrex. Pfizer has agreed to market the drug with
Monsanto. Celebrex could top annual sales of $1 billion because
it appears to irritate the stomach less than other painkillers,
such as aspirin.

Celebrex could give Pfizer the third ''rookie of the year''
product, the best drug introduction for 1999 following similar
success in 1997 and 1998, said Leonard Yaffe, an analyst with
NationsBanc Montgomery Securities.

news.com