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Looking to improve Prozac
Monday, August 14, 2000
Faced with the prospect that generic competition for Eli Lilly and Co.'s Prozac fluoxetine anti-depressant is just around the corner, investors
apparently decided not to wait around to see if LLY will be able to defend its
franchise with Sepracor Inc.'s pure R-enantiomeric form of the drug.
A U.S. appeals court ruling last week made it likely that a
generic version of Prozac could be on the market as early as next February.
Investors responded by dumping SEPR (Marlborough, Mass.), which has licensed
its R-isomer to LLY, perhaps
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