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Biotech / Medical : T/FIF, a New Plateau

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To: scaram(o)uche who wrote (749)11/30/2001 2:57:03 AM
From: mopgcw  Read Replies (1) of 2243
 
>>There's 5.4K in cash, if anyone wants to suggest a T/FIF-like buy.

INSM:

Four PII trials underway for ins-1 for diabetes and pcos. glycemic profile to date has been positive and tissue edema does not appear to be an issue. Should have results of one trial 1st half of next year, other three by year end. start PIII end of next year with NDA in 2004 (if the numbers play out).

One PII for somatokine should be completed by the end of this year. NDA in 2005.

$57 million in the bank & burn of $3MM/month. 33 million shares outstanding. so they have enough cash to see this thru. burn should decrease next year.

The RS presentation is worth a listen if you get bored sometime.

webevents.broadcast.com

regards,
george
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