PRICE ON    P-E
      COMPANY                                       DEC. 8    RATIO*
      SANDOZ       Alzheimer's drug in pipeline     $590.58    19.4
      MERCK        Two new products spell growth     63.50     23.5
      ASTRA        Good value among the Euros        37.50     17.6
      PHARMACIA-   Continuing benefits from          36.87     17.8
      UPJOHN        merger
      SANKYO       Creator of top-selling            23.00     25.8
                    Pravachol
      *On estimated 1996 earnings per share
      
      DATA: BUSINESS WEEK, BLOOMBERG FINANCIAL MARKETS
      
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