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Biotech / Medical : Pharmos (PARS)
PARS 2.700+13.6%Jan 21 4:00 PM EST
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To: leigh aulper who wrote (1194)10/15/2001 11:23:10 AM
From: LLLefty   of 1386
 
In selling its only revenue-producing drugs, I guess it means cearly PARS is going to move alone in running Phase III for Dex.

Can't help but wonder whether there ever was an opportunity for it to partner with a major in moving ahead with the trials, which will be very expensive. Were there no negotiations at all the last few years?

I guess the sale will give PARS the funding it needs to carry the financial burden itself--and, of course, reap the profits if it succeeds.

Been along-time holder--and patient. What's the Hebrew word for it? Savlanoot?
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