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Biotech / Medical : SCIO Scios Inc.
SCIO 0.010000.0%Aug 19 5:00 PM EST

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To: BRAVEHEART who wrote (964)1/11/1999 6:04:00 PM
From: jerryriti   of 1477
 
Scios has 2 major programs. A NDA has been filed with the FDA for Natrecor and approval should be forthcoming within weeks! This is the first new treatment for acute congestive heart failure in decades. There are various projections for the revenue stream, but I would have to do some digging into my notes. Suffice it to say, with approval, the market will develop rapidly(do not beleive they have signed on the dotted line for partnering on this product but could be wrong) Second program involves Fiblast for stroke. Truthfully, I am not up on the status of this program as I came into this stock vis a vis the Natrecor story! Scios has numerous collaborations with many drug houses and they market for others psychiatric medications (Paxil) which contributes modestly to its earnings. Sorry to be so sketchy, but wanted to give you a guideline!
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