Analyst picks & changes

Biogen Inc.

Hambrecht & Quist analyst Wole Fayemi downgraded Biogen Inc. to "underperform" from "hold" and reiterated a "buy" on

Centocor Inc.

after Phase III clinical setbacks for Ciba-Geigy's Hirudin. TIMI-9, the Phase III clinical program for Hirudin in angioplasty, and GUSTO II, the Phase III trial for

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