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Biotech / Medical : Aviron
AVIR 3.250+0.5%3:59 PM EST

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To: Arthur Radley who wrote (498)11/15/1999 8:58:00 AM
From: John Finley  Read Replies (1) of 645
 
>>Aviron Announces Delay of BLA Submission
MOUNTAIN VIEW, Calif., Nov. 14 /PRNewswire/ -- Aviron (Nasdaq: AVIR), today announced that the company will not file a Biologics License Application (BLA) for FluMist(TM), its investigational influenza vaccine, with the U.S. Food and Drug Administration (FDA) in 1999. The schedule change is due to issues that arose in routine validation tests during the vaccine manufacturing process.<<

The last time this happened AVIR dropped to ~12. Looking at the chart I'd say a number of folks "had a feeling" this was coming. That might blunt the impact somewhat.

Opportunity's a knockin' <g>

JF
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