Healthcare >> Sector Roundtables >> August 26, 2002

Roundtable Forum: Specialty Pharmaceuticals

MARIA LEGATOS-PHILLIPS is a Vice President and Senior Research Analyst at Banc of America Securities. Ms. Phillips joined Banc of America Securities in June 1999, providing research coverage of the specialty pharmaceutical industry. Prior to joining Banc of America Securities, Ms. Phillips had served as a Research Associate for Warburg Dillon Read's large cap pharmaceuticals research team since July 1998. Prior to joining Warburg Dillon Read, Ms. Phillips was a clinical coordinator at Pfizer Pharmaceuticals. As such, she was responsible for providing assistance to managed care organizations, hospitals, and physician groups in managing formularies, doing trend analyses, and providing education on disease management. Prior to 1996, she worked at the University of Miami/Jackson Memorial Hospital, where she was a Clinical Pharmacist, with primary responsibilities involving drug utilization reviews and formulary management. Ms. Phillips received her BS in Pharmacy from St. John's University, an MBA from Long Island University and a Doctorate in Pharmacy from Southeastern University. Profile
MARC GOODMAN is an Executive Director of Morgan Stanley and is the Specialty Pharmaceuticals Analyst covering small and mid-cap pharmaceutical and drug delivery companies. Additionally, he covers specialized medical technology companies with an optical focus. Mr. Goodman joined MS in 1994. Prior to assuming his current responsibilities, he worked on the MS team covering both large and mid- cap pharmaceutical companies. Before joining MS, he was a buyside analyst with Shearson Lehman Advisors. He received a BA from Tufts University and an MBA from Ohio State University. Profile
ERICK LUCERA is Senior Vice President and Principal at Independence Investment in Boston and is responsible for research on all areas of health care. In addition, he is managing their market neutral healthcare portfolio. Prior to Independence, he was an Auditor in the Price Waterhouse Philadelphia office. He is a graduate of The University of Delaware, Indiana University, Boston College, and Harvard University and has obtained the CPA, CMA and CFA designations. Profile
DR. STEVEN B. GERBER is Managing Director and Director of Research at Wedbush Morgan Securities. Previously, Dr. Gerber was Head of Healthcare Research and Senior Pharmaceutical Industry Analyst at CIBC World Markets. He joined CIBC's predecessor, Oppenheimer & Co., in 1990. Prior to that, he was Senior Vice President and Health Care Analyst at Bateman Eichler, Hill Richards, Inc. Dr. Gerber has twice been named to The Wall Street Journal's All Star Analyst List. Dr. Gerber holds an MBA from UCLA, an MD from Tufts University and a BA from Brandeis University. He is also a board-certified Internist and Cardiologist. His associations include the California Medical License, Tufts University School of Medicine, Board of Overseers Member, Research Planning Committee, and the Securities Industry Association. Profile
DAVID M. STEINBERG, Managing Director, joined Deutsche Bank in August 1999 and is currently a Senior Analyst covering the specialty pharmaceuticals sector. Having started his equity research career in 1990, he was one of the first analysts on Wall Street to cover the specialty pharmaceuticals/ drug delivery sector. More recently, during both 2000 and 2001, Mr. Steinberg was ranked number two by The Wall Street Journal's 'Best on the Street' survey for stock picking in the pharmaceutical sector. In addition, his research has been frequently referenced in such national publications as Barron's, The New York Times, and Fortune. Prior to joining Deutsche Bank Securities (previously Deutsche Banc Alex. Brown), he was a Managing Director at Volpe, Brown, Whelan where he helped build up the firm's healthcare research effort. He received a BA from Colby College and an MBA from Harvard Business School. He also attended the London School of Economics. Profile
TWST: Maria, would you start us off today by defining your coverage

area?

Ms. Phillips: I cover a group of companies that fall within the

specialty pharmaceuticals sector, which is loosely