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Fast Money HomeFast Money Rapid RecapAbout Fast MoneyFast Money BiosFast Money Web ExtraFast Money Disclaimer
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Jul.30
6:57 PM ET
Wednesday, 30 Jul 2008
Web Extra: Bad Side Effects

It appears results of a recent Alzheimer’s study aren’t as positive as investors had first thought.

Shares of Wyeth [WYE  Loading...      ()   ] and Elan [ELN  Loading...      ()   ] sold-off after analysts said the new data on bapineuzumab, released Tuesday, presents significant safety issues and makes it less likely the drug will reach the market.

Questions regarding bapineuzumab are likely to linger until the arrival of more data, which isn't expected until 2010.

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Trader disclosure: On July 30, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (AAPL), (TSO); Najarian Owns (CSCO) Calls, (EMC) Calls, (XLY) Calls, (SU) Calls; Macke Owns (WMT), (MSFT), (COST), (ATVID), (DIS), (EMC); Adami Owns (C), (GS), (INTC), (NUE), (AGU), (MSFT), (BTU); Finerman Owns (GS); Finerman's Firm And Finerman Own (C) Leaps; Finerman's Firm Owns (FLS), (MO), (NOK), (PM), (RAI), (SUN), (TSO), (VLO), (RIG), (MCC); Finerman's Firm Is Short (SPG), (KIM), (XLF), (BBT), (IYR), (IWM), (MDY), (SPY), (IJR)

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