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Biotech / Medical : Magainin Pharm (MAGN)
MAGN 9.090+6.2%Oct 31 9:30 AM EST
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To: Mike McFarland who wrote (191)6/26/1999 5:53:00 PM
From: Bob Swift  Read Replies (2) of 233
 
First time post here and I have lots of questions.
How long did it take to do the previous phase 3 and how much did it cost ? Who paid for it ? If on July 24, the FDA says sorry but we will allow it if you now go and do a little more phase 3 with better control, where will MAGN find the money to do another phase 3 ? At the burn rate of $1 million/month, what is the plan for cash flow at the end of 2000 ? Thanks!
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