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Biotech / Medical : SKYEY - SkyePharma PLC -- Ignore unavailable to you. Want to Upgrade?


To: Dr. John M. de Castro who wrote (20)4/20/1999 4:24:00 PM
From: Dr. John M. de Castro  Read Replies (2) | Respond to of 56
 
SKYEY's Paxil CR sales are just beginning but there are indications that it may stake out a considerable market share in a gigantic market. The following is from a news release yesterday that discusses the decline in Lilly's Prozac sales. Paxil CR could become a real cash cow for SKYEY.

John de C

biz.yahoo.com

> NEW YORK, April 19 (Reuters) -

Prozac, a member of the popular class of anti-depressants known as Selective Serotonin Reuptake Inhibitors (SSRIs), is facing keen competition from other SSRIs such as SmithKline Beecham's (quote from Yahoo! UK & Ireland: SB.L) Paxil and Celexa launched last summer by Forest Laboratories Inc (FRX - news).

Gordon who estimated that Prozac had global sales of $2.8 billion in 1998, said he had expected annual sales of the blockbuster drug to continue growing about 5 percent a year at least through the year 2000.