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Biotech / Medical : COB Columbia Laboratories
COB 14.100.0%Nov 2 5:00 PM EST

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To: wolfdog2 who wrote (589)9/15/1999 11:09:00 AM
From: John Kessinger  Read Replies (1) of 634
 
Wolfdog - Thanks for finding and posting this excellent analysis. It appears to be a very good guide for investing in small pharmas/biotechs.

COB seems to have followed the pattern. Because of the AHP debacle the company lost two full years stuck in phase 4. The FDA approved Crinone 8% for infertility in the spring of 1997.

However, we are now in phase 5 and I believe we will move into phase 6 within the next 18-24 months.
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