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


To: jopawa who wrote (1058)2/2/1999 9:09:00 PM
From: Anthony Wong  Respond to of 2539
 
An interesting post from TMF Monanto thread:
boards.fool.com



To: jopawa who wrote (1058)2/2/1999 9:12:00 PM
From: Anthony Wong  Respond to of 2539
 
Will's Drug Stock Commentary from labpuppy.com:

2/2/99

PaineWebber raised its target price on Pfizer (PFE) to $156 (from $140) due to the strength of Celebrex. Pfizer is co-promoting this product with Monsanto (MTC).

Celebrex new prescriptions in its second week on the market climbed an additional 45,500 (on top of 9,500 in its first week). This product is showing tremendous growth.

PaineWebber also raised Merck (MRK) to an Attractive rating from Neutral due to its low valuation and because of the strength of Celebrex (which means that its Vioxx product should do well).

labpuppy.com



To: jopawa who wrote (1058)2/3/1999 8:50:00 AM
From: JGoren  Respond to of 2539
 
If sales of MTC keep the pace, then the profits from Celebrex ought to help the company pay down its debt, thereby helping the strategic move to agro-biotech.