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Biotech / Medical : Biotech Valuation

CRSP 58.15

+5.4%

Jan 6 3:59 PM EST

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To: Michael Young who wrote (9115)	9/11/2003 6:01:07 PM
From: Icebrg	Read Replies (1) of 52153

Mike >>Very, very rarely does the FDA approve drugs when primary end points are not met.>> That is no doubt the case. In defense of GNTA it should however be pointed out, that all patients have not yet become events. When the study is concluded the results will look different. The question is: How different? Why did they issue the PR? I suppose they had to. The un-blinding was predefined and once the results were available they shouldn't really keep them under wraps - regardless if they were good, bad or just confusing. Erik

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