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Biotech / Medical : Biotech Valuation
CRSP 55.94-3.7%12:02 PM EST

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To: Michael Young who wrote (9582)11/25/2003 11:09:02 PM
From: Biomaven   of 52153
 
Michael,

Existing surfactant (animal derived and the inferior synthetic) sales are not great - likely under $100m, although this compound will doubtless expand the market some. So I'm not looking for huge appreciation even if it is approved for this indication.

However, there is the very real possibility that DSCO's product will work also in ARDS (adult respiratory distress syndrome) and perhaps even in severe asthma (and maybe also in SARS, although the thought of bronchial lavage on a SARS patient is very scary). Either ARDS or asthma would send the stock through the roof.

Here is some asthma discussion:

respiratory-research.com

And here is a research report on DSCO (a little dated but still worth reading):

bristoldirect.com

Peter
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