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S&P 500
5,509.01
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manny t

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manny t

Re: Zeev Hed post# 27104

Thursday, 09/19/2002 3:28:53 PM

Thursday, September 19, 2002 3:28:53 PM

Post# of 704019
IDPH,

15:25 ET IDPH IDEC Pharm drops on Zevalin reimbursement chatter (40.90 -3.34)
Stock has seen heavy selling in the last hour due to Street talk that Medicare officials are seeking ways to reduce Zevalin's reimbursement rate; we're hearing that the officials would like to reduce the $22k reimbursement rate proposed in the Aug 7 draft regulation by about $5k-$7k, although we would like to emphasize that this is just a rumor at this point and can't be confirmed.


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