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Biotech / Medical : T/FIF Portfolio

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To: Larry Liebman who wrote (991)6/20/1999 9:41:00 PM
From: Biomaven  Read Replies (1) of 1073
 
Larry,

Re SUPG:

I still own some shares that have done nicely. I think Nipent use will expand considerably and I think RFS 2000 will likely be approved and become at least moderately successful. There are some negatives, though. They are not what I would term conservative in presenting their data. For example, they have presented results (both in PR and in abstracts) using only "evaluable patients" and you have to read the fine print to see how the drug is really doing. My other concern is that they have this deal with an undisclosed bank to sell common at a reasonable discount. I don't object to the terms at all, but they have gone (far) out of their way to never disclose the name of the bank, which I find a little irksome and a little weird.

Peter
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