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Biotech / Medical : MedImmune

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To: PENNY who wrote (13)3/29/1997 2:45:00 PM
From: Dr. Bob   of 416
 
A couple points of clarification:

1. In a blinded trial, no-one knows the results until they're published, except the scientists actually analyzing the data - not the ones at the site using the drug. Anyone who says they're "really excited about the results" could only be referring to evidence that the drug is safe, not efficacious.

2. There is a shortage of RespiGam, which is good for the company and will certainly support prices at their current levels, but do not expect a big price increase next year - the price already is a factor in some physicians choosing not to use the drug. MedImmune will make more money by keeping the price where it is and selling more drug than by raising the price considerably, and thereby discouraging these non-users and maybe even some of the current users from using it at all, and I think they recognize that.

I like this company and this stock; I do not own it because of a conflict of interest as a user of their primary product, but good luck to all of you who do!

Bob
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