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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 (1359)1/26/1999 2:26:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 1722
 
Monsanto Celebrex Prescribed Heavily in First Week, NDC Says

Bloomberg News
January 26, 1999, 1:27 p.m. ET

Monsanto Celebrex Prescribed Heavily in First Week, NDC Says

St. Louis, Jan. 26 (Bloomberg) -- Monsanto Co.'s new
arthritis drug Celebrex could have one of the most successful
introductions ever in the history of the U.S. drug industry,
according to NDC Health Information Services.

Celebrex, the first of a new class of painkillers that
appear to have fewer side effects than existing drugs, had 1,047
prescriptions on Jan. 19, its first official day on the market,
NDC said. Three days later, Celebrex had 3,411 prescriptions.

Those numbers make Celebrex a rival to Warner-Lambert Co.'s
cholesterol-reducing drug Lipitor. Lipitor's 1997 introduction
set a record with 1,058 prescriptions the first day and 1,084
three week days later, NDC said. Lipitor's record was broken this
year by Pfizer Inc.'s anti-impotence pill Viagra.

''The numbers are incredibly strong,'' said Hemant Shah, an
independent analyst.

Pfizer, considered one of the world's best marketers for
pharmaceuticals, helps Warner-Lambert sell Lipitor and Monsanto
sell Celebrex.

Shares of St. Louis-based Monsanto rose 1/8 to 41 3/16 in
early afternoon trading.

Merck & Co., the world's biggest drugmaker, is seeking U.S.
approval of its Vioxx drug, which would compete with Celebrex.

--Kristin Jensen and Kerry Dooley in the Princeton newsroom (202)



To: Anthony Wong who wrote (1359)1/26/1999 2:32:00 PM
From: Anthony Wong  Respond to of 1722
 
Eli Lilly Reiterated 'Strong Buy' at Gruntal, target $113

Bloomberg News
January 26, 1999, 10:46 a.m. ET

Princeton, New Jersey, Jan. 26 (Bloomberg Data) -- Eli Lilly & Co. (LLY
US) was reiterated ''strong buy'' by analyst David F. Saks at Gruntal & Co.
The 12-month target price is $113.00 per share.

-- Sybil Carlson in Princeton, New Jersey, (609)279-3615



To: Anthony Wong who wrote (1359)1/26/1999 2:34:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 1722
 
Eli Lilly & Co. Raised to 'Buy' at Salomon Smith Barney, target $110

Bloomberg News
January 26, 1999, 11:38 a.m. ET

Princeton, New Jersey, Jan. 26 (Bloomberg Data) -- Eli Lilly & Co. (LLY
US) was raised to ''buy'' from ''outperform'' by analyst Christina Heuer at
Salomon Smith Barney. The 12-month target price is $110.00 per share.

-- Andrew Bekoff in Princeton, New Jersey, (609)279-3652