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Biotech / Medical : NPSP NPS Pharmaceutical

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To: WTDEC who wrote (56)	12/28/1999 9:05:00 AM
From: biowa	of 363

Walter, Thanks. Did he include a bubbly market in his price target? <g> ALX1-11 (Osteoporosis)...Results were presented in December of 1998 and P3 trials will start soon. (...do you know why P3 was not started any sooner???) I suspect dollars. As you observe, osteoporosis trials are long, no point in starting them if you're going to run out of money before they're done. Geller believes NPSP will probably partner ALX-0600. I wonder how having the Canadian government as a partner complicates/changes that... NPS-1776 As I said before, NPS has said (pre-merger) "one or more" outlicenses. IMO the prime candidates are 1506 and 1776. Glycine Re-uptake Inhibitors...The second, with Janssen, is in development for schizophrenia and dementia. Not much more was said about these...must be early, secret, or maybe Geller was running out of steam... NPS has published that they expect Janssen to select a candidate in this program in 2000. Clinical candidate? Pre-clinical lead? Once again, thanks Walter. Let's light this candle... biowa

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