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Biotech / Medical : Welcome to the POTP board, the DPP-IV company

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From: pgo-neil7/12/2007 9:33:28 AM
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POTP Cut more than planned. Might buy them another month. Night falls in October for them if they don't find a partner or some other funding option.

I think they are planning a follow-up analysis of their 70 patient Pancreatic Ph 2 trial about this time. This is probably the only big area with funding leverage left to them.

biz.yahoo.com

They laid off about 9 more than I was projecting. The layoff cost them double their forecast [$260K vs. 130K], but net extends their viability.

The announcement is not on the website this morning. IT must have been on the list.

Best,
graham
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