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Published on 7/21/2006 in the Prospect News Biotech Daily.

Actelion retained at neutral

Merrill Lynch analyst Erica Whittaker retained Actelion Ltd. at neutral while increasing sales and profitability forecasts due to reported second-quarter global volume growth of Tracleer globally and a U.S. price increase. The theoretical fair value for Actelion was increased to CHF 142 per share from CHF 134. Shares of the Allschwil, Switzerland-based pharmaceutical company were up CHF 1.30, or 0.95%, at CHF 138.70 on volume of 451,281 shares versus the three-month running average of 159,397 shares. (Swiss: ATLN)


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