T/FIF, a New Plateau Message Board

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Biotech / Medical : T/FIF, a New Plateau

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To: scaram(o)uche who wrote (297)	11/1/2000 6:21:29 PM
From: sim1	Read Replies (2) of 2243

OK, I'll stick my neck out. My personal choice is a recent IPO called Atherogenics (AGIX). I don't know if this could be a 100 bagger or not but its prospects seem to me to be quite promising. Their focus is drug discovery for treating diseases of chronic inflamation which include atherosclerosis, coronary artery disease, asthma, rheumatoid arthritis,..., what appear to me to be huge unmet needs. They licensed their lead compound AGI-1067 to SGP for the treatment and prevention of restenosis about a year ago where SGP will pay AGIX some $189m in potential milestone payments + royalties for "exclusive worldwide rights to develop, manufacture and market AGI-1067 and additional library of AtheroGenics vascular protectant compounds." According to their web site, they expect to complete a Phase II clinical trial of AGI-1067 the first half of 2001 after successfully completing seven Phase I clinical trials comprising more than 150 men and women. Taking SGP's DD on faith gave me the confidence to establish a position early last week. As always, this particular pick could also go to $0. This one as well. So far though, I'm feeling pretty smart:-). Here's the SGP press release on the license agreement. schering-plough.com and the AGIX web site. atherogenics.com I let my instincts guide me on this one. As far as what Rick might have in mind, I haven't a clue. Stuart

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