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Gold/Mining/Energy : Procyon Biopharma Inc.

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To: Tim Cruise who wrote (144)8/13/1999 8:45:00 AM
From: Ian@SI  Read Replies (1) of 356
 
Tim,

No, I won't mark my daytimer.

To bring a new treatment through to NDA takes large 10s of Millions to small 100s of millions.

Procyon won't do this without a treatment that has at least passed Phase 1 trials, has a partner with deep pockets, and a disease for which there currently is no alternative that leads to a satisfactory outcome.

Wanting a company to succeed is often much different than the prerequisite conditions for success.

I'll hold my QLT for a very long time unless its story changes.

Good luck trading Procyon.

Ian
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