BMY--Arthritis drug approval

[Toonces]

http://biz.yahoo.com/prnews/051223/nyf064.html?.v=35

This will be the only arthrities prescription drug on the market...correct? Does anyone know how big a market this will be? Was this news expected?

 

[Star]

Quote from Toonces:

http://biz.yahoo.com/prnews/051223/nyf064.html?.v=35

This will be the only arthrities prescription drug on the market...correct? Does anyone know how big a market this will be? Was this news expected?

Incorrect as there are many prescription drugs available for arthritis...

But this drug Orencia, is the first approved drug known as a T-cell co-stimulation modulator. It helps relieve joint pain by inhibiting activation of T-cells, components of the immune system involved in inflammation.

This might be worth watching though..Thanks for the heads up.

 

[Toonces]

Weren't all the prescription arthritis drugs pulled from the market because of safety issues?

 

[Free Thinker]

they must like it. someone just paid me 2.06 over the close price for some bmy.