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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: I. Luttichuys who wrote (1031)6/24/1997 1:32:00 PM
From: Rick Costantino   of 1762
 
Bennett and all,

Yes, this is a momentary setback, but IDPH still has a lot to offer.
(Any info on the other RA drug mentioned in the release which is in Phase II?) Actually, this is more of a setback for SmithKline, since IDEC has only "lost" future milestone and royalty payments while SK put up the cash for the trials. Anyway, I am primarily interested in anti C2B8, which should see approval this suummer, and the Yt derivatives which are in the wings. Also, don't forget that IDEC has an important patent covering primatization of MAbs.

Rick C
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