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Biotech / Medical : Elan Corporation, plc (ELN)

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To: biostruggle who wrote (3577)	11/15/2002 2:20:25 PM
From: Icebrg	Read Replies (1) of 10345

Marvin Somehow, I sometimes get the feeling that you like to see everything that has to do with Elan under a big black cloud. The PR doesn't actually say that Elan is backing away. It says that the trials will continue outside the structure of the present J/V. Elan has evidently decided that as the market doesn't like the J/Vs, they will not be bothered with J/Vs. As for CeNeS, they will not be able to fund this trial on their own. Only with continued financial support from Elan will they be able to bring these trials to a conclusion. Good or bad? We don't know yet. Time will tell. As for Antegren becoming a niche product in neurology. It depends to a large extent how one defines a niche. If they succeed, it will in my book be huge. If they don't, it will - as Bill likes to indicate - become a completely new ball game. Erik

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