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Published on 4/21/2006 in the Prospect News Biotech Daily.

Merrill keeps Actelion at neutral

Actelion Ltd. was retained at its neutral rating by Merrill Lynch analyst Erica Whittaker on stronger-than-expected Tracleer sales. Merrill increased its Tracleer sales forecasts for 2006 and 2007 by 5% and 7%. An increased diagnosis of pulmonary hypertension seems to be driving Tracleer sales. Shares of the Allschwil, Switzerland, biopharmaceutical company were down CHF 1.40, or 1.01%, at CHF 136.80 on volume of 220,015 shares versus the three-month running average of 155,155 shares. (Swiss: ATLN)


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