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Biotech / Medical : XOMA. Bull or Bear?
XOMA 26.52+3.4%3:59 PM EST

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To: Bluegreen who wrote (11261)8/17/1999 3:43:00 AM
From: Robert K.  Read Replies (1) of 17367
 
Berlin seems to indicate 5.5 ish area. I found this press release from 1997 of note. Notice the wording like "preliminary" and "believe". etc............Sound familiar?.
All IMO etc.....
>
BERKELEY, CA -- February 27, 1997 -- XOMA Corporation (Nasdaq: XOMA) announced positive results from a 400-patient Phase II clinical trial in patients suffering hemorrhagic trauma (acute loss of blood). Preliminary analysis of the data showed a positive overall benefit in patients receiving Neuprex(tm) versus placebo for the primary endpoint in this study, defined as a reduced incidence of serious organ dysfunction, infections, and death. Product safety was also confirmed across the entire patient population.

Based on its preliminary review, XOMA believes the results support advancing Neuprex(tm) to a Phase III trauma study, which will be the second pivotal study for the product. The company is completing a comprehensive analysis of data from this trial which, with additional data from an ongoing trauma pharmacokinetics study, will be used in the pivotal trial design
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