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Biotech / Medical : Neurogen (NRGN)

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To: rkrw who wrote (470)6/25/2007 3:21:40 PM
From: tuck  Read Replies (2) of 523
 
Puzzling, since the PR clearly states that there was one drug-related SAE, but during the CC Dr. Uden just as clearly stated that ther were not any drug-related SAEs. It turns out the patient in question was wakened an hour after taking the drug by a teenage relative, and she drove the teenager to a convenience store at the teenager's request. She later had no recollection of doing this. Very much against protocol, and right when the C Max would be expected to have occurred.

If I was writing the PR, I would have made that much clearer. If this is a sell off related to that, we may have a bargain here. If it's more a matter of how is this better than current therapies, that's different. Whatever, the market seems to have discounted the sleep drug a good deal here. Does that leave us with newsflow from the obesity program as being up next? Perhaps in the form of the DSMB allowing the trial to continue at some point soon? Wilder, you got any color on that?

TIA & Cheers, Tuck
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