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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Henry Niman who wrote (1993)10/2/1997 8:17:00 AM
From: Peter Silsbee   of 6136
 
A couple of points from the just-arrived annual report.
On page 1, there is a graph titled "Viracept duration of response." It appears that the number of patients failing drops off significantly with time:

at 12 weeks, 90-95% are responding,
at 24, just under 90,
at 36, maybe 87,
at 48, still over 85.

It is tempting (though scientifically iffy) to extrapolate from this. I might even come down in the camp that says PI resistance is not likely to approach 100% in a patient's lifetime. But I'll avoid drawing that conclusion.

The other point is also probably old news, but I don't recall seeing it before:

"Having revised our clinical development strategy following a mid-year meeting with FDA, we have set as our goal the preparation of a NDA covering our intravenous formulation of THYMITAQ for submission by the end of calendar 1998 or early in calendar 1999."
This is about a year later than they had planned. Would anyone like to shed some light on this?

PLS
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