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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: (no name provided) who wrote (881)6/30/1997 8:25:00 PM
From: Zirdu   of 6136
 
No name and David S.: Here's a response from LMoss of the Motley Fool AGPH board regarding the Vertex/Glaxo drug:

Subj: Estimated filing date for GLX/VRTX PI
Date: 30 Jun 1997 17:10:37 EDT
From: LMoss
Message-ID: <19970630211001.RAA05792@ladder02.news.aol.com>

My "Extreme sports" post was reposted on the SI Agouron thread, and two people there said that the estimated date for the NDA filing of the Glaxo/Vertex protease inhibitor was later this year, not December 1998 as I had indicated. One wondered where I got my information.

This particular bit of information comes from Glaxo. It is now guiding analysts to expect the filing in December 1998. This was reported by Smith Barney drug company analyst Christina Heuer in her RxScrips report, #SF06E208, June 18, 1997, p.11. It was reconfirmed by her in discussions with Glaxo on June 27, 1997.

Glaxo will not comment on whether this is a delay or if any problems have arisen in the clinical trials, but it is most definitely not encouraging analysts to expect a filing before December 1998.

LMoss

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