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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Peter Silsbee who wrote (3194)12/7/1997 5:13:00 PM
From: biodoc   of 6136
 
Pardon me for trying to answer this question, but there may be several possible reasons why the full story doesn't come out in a press release or in a meeting presentation: (these are all speculations based on experience)

1) The number of patients in each dose group alone may be too small to be very confident about the percent "undetectable" in the individual group. Having to go back on a good number later could be more of a problem than not giving it up front.

2) It may be reserved for initial presentation in a peer-reviewed journal.

3) A desire to keep real and potential competitors guessing may preclude giving out any more information than the minimum required by SEC for disclosure.

4) And, of course, maybe the results aren't so good. Time will tell.
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