医药行业2006年2月投资策略（p15）.pdfVIP

2006 1 7 -8 2006 2006 2003 VIVO 12-13 17-18 01062010 Email: yaoj@ 6 100004 1 2006 1 7 -8 1985 287797 96% 1 2004 1994 2004 134061 2000 152157 53% 2005 2 47% 5% 48% 1 2006 4 2000 7 3 2002 4 45.8% 2002 6 70% 2003 11 10% 4 3 4 5 1997 16 273.6 31 15-20% 242.6 20 2 5 6 3 1994 10 5689 2004 8 1998 11847.6 2006 2006 2006 2006 7 VIVO 2003 20 2004 1984 12% DMF 4 DMF ANDA FDA ANDA FDA 8 5 ANDA FDA 6 FDA ANDA FDA FDA DMF ANDA 7 FDA DMF % FDA 9 8 INDIA PHARMACEUTICALS 2005 200 3 6000 /kg FDA 180 100 4000 /kg Ranbaxy2005 5% 9 37% Biocon2006 10 Bloomberg 6 VIVO VIVO VIVO VIVO 16 12-13 7 17-18 11 8 9