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Published on 10/2/2006 in the Prospect News Biotech Daily.

Amylin rated at neutral by Merrill

Merrill Lynch analyst Tom McGahren rated Amylin Pharmaceuticals Inc. at neutral as Byetta sales track modestly below Merrill's estimate of $125 million but roughly in line with Street consensus of $118 million with one week of NDC data remaining for the third quarter. New Byetta prescriptions for the week ended Sept. 22 were flat at 22,593, compared with the prior week. Overall, NDC data for total weekly Byetta sales are averaging $10.8 million in September compared with $10.1 million in August. Shares of the San Diego-based biopharmaceutical company were down $1.55, or 3.52%, at $42.52. (Nasdaq: AMLN)


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