Healthcare >> Analyst Interviews >> January 10, 2001

Pharmaceutical Stocks: Carl Seiden – Chase H&q

CARL J. SEIDEN is currently a Managing Director with JP Morgan where he is the Senior Analyst responsible for equity research on the US Pharmaceutical Industry. He joined JP Morgan's equity research department in 1997, having covered the pharmaceutical industry at Sanford C. Bernstein & Co. since 1992. Mr. Seiden was named to the Institutional Investor All-American Analyst Team in 2000, 1999, 1998 and 1994. He was employed at Squibb and Bristol-Myers Squibb from 1987 to 1992 including positions in strategic planning, business development and managed health care. His last position was Director of Managed Health Care operations, where he represented nine BMS pharmaceutical and nutritional divisions to a select group of managed care customers, including HMOs, hospital systems, and pharmacy benefit management companies. From 1984 to 1987 he was a Senior Managing Consultant in General Electric's corporate marketing department, where he was responsible for managing marketing consulting projects for GE divisional clients. This included significant project work for GE Medical Systems ' a world-leading manufacturer of MRIs, CT-scanners and other specialized imaging technologies. From 1980 to 1982. Carl was a Scientific Sales Representative for VWR Scientific. Mr. Seiden earned an MBA from the Wharton School of Business, University of Pennsylvania, in 1984 and a Bachelor of Science in Biology from Union College in Schenectady NY in 1980. Profile
TWST: Looking at the large cap pharmas, what over the past 12 months has

set the stage for the next 12 months, and what can we expect out of the

next 12 months?

Mr. Seiden: The pharmaceutical