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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: John Zwiener who wrote (84)2/4/1997 11:54:00 PM
From: James Silverman   of 1115
 
GILD's herpes drug Forvade is a topical gel version of an ALREADY approved drug given via IV for CMV retinitis.
GILD may be trying to backdoor it through its indication for AIDS patients not responding to currently available treatments.

Going over some LDAK stuff is quite interesting. What happened to all their European deals? What happened to their JV with Chiron, has that been silently dropped or are they still pursuing it? What happened to Lidakol's indications of Chicken Pox and Shingles? Additionally they made statements they were going to pursue it as a protective gel vs. AIDS. What are their targets for an NDA filing? Does Lidakol compare favaorably with Zovirax?
What about all the cheap warrants that are out there, LDAK extended the conversion dates on them to Dec 31? How many shares and at what price do they convert to? Why did they extend the date?


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