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Biotech / Medical : Zonagen (zona) - good buy?

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To: Bruce Rosen who wrote (654)10/15/1997 10:19:00 PM
From: Cacaito   of 7041
 
Zona's patent is poor, Zona's patent is for the new use (new formulation is a simple pill, not DNA genetic science), but phentolamine have been off patent for long, this is a shaky patent tough to stop others. Of course, they can defend the product for a while (some chance). This is a valid point for the future, maybe not now that the strength of the stock is based on the hope of future FDA approval and/or a deal with another company.

This are the types of "patents" that Barr succesfully fights (no problem for the inmediate future).

Zonagen has a lot of cash after the secondary offering, fine they do not need the mexican sales to keep going. They used the news when they needed.

I bought with the mexican trial news and sold with the american trials news (not entirely luck). Proceeds to vvus and did fine. Recent losses, no tears here, profits will be back.

It is wrong to think that just because someone invest in Vivus one will not invest anywhere else in the ED market. Even if I have doubts about the vasomax and the FDA, it does not mean I could not be back in.

Respectfully,

cacaito.
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