Drugmakers have healthy outlook

Article Abstract:

US pharmaceutical companies are reporting earnings that show double-digit growth with others showing over 30%. The boom is attributed to an increasing demand for pharmaceutical by the aging segment of the population. The drug makers are dramatically increasing their advertising budgets to pitch directly to consumers. As an example, Warner Lambert is expected to deliver a 33% to 39% increase in quarterly earnings as a result of the success of its cholesterol-lowering drug Lipitor that analysts say could generate over $2 billion in revenues in 1998.

Comment:

US pharmaceutical companies report earnings showing double-digit growth with others showing over 30%

Sales, profits & dividends, Drugs & Pharmaceuticals, Pharmaceutical and Medicine Manufacturing, Drugs, Article

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Inventive pilot sells safety breakthrough

Article Abstract:

Avidyne of Lexington, MA, manufactures and markets advanced digital cockpit display panels for private planes. The company's Flight Situation Display (FSD) is a user-friendly Windows NT-based instrument that provides pilots with data about their aircraft's route, weather, traffic and topography along the way. Avidyne, which has sold around 200 FSD units since it was formed in 1994, had an estimated revenue of $1.6 million in 1998.

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing, Aircraft Flight Instruments, Aircraft instruments, Avidyne

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Small firms can bank on Web

Article Abstract:

OneCore.com of Woburn, MA, helps small businesses manage and earn interest on cash, handle accounting records, establish 401(k) accounts, extend credit to clients, pay bills, process payroll and write checks. The company's Electronic Financial Officer service is provided over the Net in one secure account, enabling small firms to download all their figures on a single screen anywhere and any time.

On-Line Information Services, Videotex & Teletext, OneCore.com

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