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Gold/Mining/Energy : Nuvo Research Inc
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To: Mark Bartlett who wrote (3187)1/23/2000 12:58:00 PM
From: Montana Wildhack  Read Replies (2) of 14101
 
Mark, all,

I found this on a public forum for DMX:

"Rumour du jour---Early next week, Dr. Khune of WF10 fame is to be making an announcement- re.
trials. Apparently, all placebo patients in their current study will be taken off and given the drug due to huge success rates of no hospitalization days for the control group. Heard the the words "fast tracked" once again.
It would make sense as it would save governments and insurance companies large $$$. Take it for what it's worth."

...

I can't speak to these rumours directly, but, I'm again
reminded of the dramatic Vanderbilt results in phase II.
The comment about no hospitalization days in the quote
above is exactly what they found in that Vanderbilt
trial.

Personally, I would be suprised if they don't find similar
dramatic results in a similar trial of a larger group.

Also, to me the investment of precious cash into another
company while coming out with your own first product as
a junior bio tech is a very unusual move. Strong public
validation of WF10 early would again validate my faith in Dimethaid and the decisions it is making.

One thing I didn't notice being discussed from the conference call, was Rebecca's comments about manufacturing.
She talked about the volume committments to partners and the
logistics that Celebrex and Vioxx faced in supplying the
billion dollar plus demand for each last year.

Our hugely factual CEO is publicly comparing her Pennsaid
manufacturing requirements with billion dollar drugs.

I've always felt that Pennsaid would break the $200 million
Canadian worldwide sales number (at the Dimethaid level)
that I projected in my models. Thats an effort to assess
results with a high probability of success given limited
information. Thats always translated into a $35-45 share
price depending on assumptions. Market sales would be
in the order of $450 million US based on a 70-30 split
of street price revenues.

If Pennsaid does a billion, I should be able to get that
new pair of shoes!
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