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


To: margie who wrote (6035)2/3/1999 4:46:00 PM
From: Jan P  Respond to of 6136
 
Agouron Reports Consolidated Second Quarter 1999 Net Income


February 3, 1999 04:01 PM
LA JOLLA, Calif., Feb. 3 /PRNewswire/ -- Agouron Pharmaceuticals, Inc. AGPH today announced consolidated net income of $7,620,000, or $.22 per share, on total revenues of $170,709,000 for the quarter ended December 31, 1998. Total sales of the company's HIV protease inhibitor, VIRACEPT(R) (nelfinavir mesylate), were $158,193,000, including $112,600,000 in North American sales, a 33% increase from the same period a year ago. Prior year results for the same period were a net income of $4,922,000, or $.15 per share, on total revenues of $104,662,000.
"Results of the company's non-oncology operations, which would have been reported separately today had we not previously announced our plan to merge with Warner-Lambert, were net income of $19,096,000, or $.56 per share, on total revenues of $170,580,000 for the quarter," said Peter Johnson, Agouron's president and chief executive officer.


Jan



To: margie who wrote (6035)2/12/1999 8:14:00 PM
From: billkirn  Read Replies (1) | Respond to of 6136
 
I don't understand agph movement. The lower WLA goes the more valuable AGPH shares become, unless of course WLA moves below 64, but even if WLA moved to 61 AGPH shares would be worth 57. Bill