Healthcare >> Sector Roundtables >> December 13, 1999

Roundtable Forum: Emerging Pharmaceuticals & Drug Delivery

RICHARD B. SILVER is a Senior Vice President and Senior Research Analyst at Lehman Brothers, where he is a member of the healthcare equity research team. Mr. Silver focuses on specialty and niche pharmaceuticals, drug delivery technology and generic drugs. Prior to joining Lehman Brothers he was with Chase Manhattan Bank as a Credit Analyst. Mr. Silver hold a BA from the University of Connecticut. Profile
JERRY TREPPEL is a Managing Director with Banc of America Securities LLC. He holds a Bachelor's degree in Microbiology from Rutgers University, a Master's degree in Hospital Administration from Washington University, and an M.B.A. from New York University. Mr. Treppel was previously associated with Warburg Dillon Read, Dillon Read, and Furman Celz. His interests include politics, Judaic history, and baseball. Profile
IAN C. SANDERSON is a Managing Director at SG Cowen. A member of the Healthcare/ Pharmaceutical Team, he covers emerging and mid cap pharmaceutical companies including specialty pharmaceutical, drug delivery and generic pharmaceutical companies. Prior to joining SG Cowen, Mr. Sanderson was associated with Houlihan Lokey Howard & Zukin, Cambridge Associates and Putnam International Advisors and U.S. Surgical Corporation. He received a BA in Political Economy from Williams College and an MBA in Finance from the Wharton School at the University of Pennsylvania. Profile
ALEX ZISSON is a Managing Director and Senior Pharmaceutical Analyst with Chase H&Q. He earned his Bachelor's degree from Brown University. In his leisure, Mr. Zisson enjoys 'thinking about ways to make his clients money' and playing bridge. Profile
TWST: I'd like to ask you to review the performance of the specialty

pharmaceuticals and drug delivery companies over the past 12 months. How

have these stocks performed year-to-date?

Mr.