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Biotech / Medical : OSI Pharmaceuticals (OSIP) - formerly Oncogene

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To: Miljenko Zuanic who wrote (91)2/17/2000 7:32:00 PM
From: Miljenko Zuanic  Read Replies (2) of 447
 
Just parking (competative development);

biz.yahoo.com

<<Biogen and CV Therapeutics Say Adenosine A1 Antagonist Is Successful in a Phase II Trial
CAMBRIDGE, Mass., and PALO ALTO, Calif., Feb.

17 /PRNewswire/ -- Biogen, Inc. (Nasdaq: BGEN - news) and CV Therapeutics, Inc. (Nasdaq: CVTX - news) today announced that Biogen's adenosine A1 antagonist/CVT-124 compound successfully completed a Phase II trial in patients with moderate-to-severe Congestive Heart Failure (CHF). Biogen said it would continue studies with its lead backup molecule. (snip>

Good news for target validation, good news for science, too bad that BGEN have to go back for backup compound. <g>

Now *YEASTGENE*/Solvay will have chance to advance and maybe be ahead of them.

<<In addition, an A(1) targeted compound, CDS-096370, has potential for use in the treatment of congestive heart failure and renal failure. This candidate has been licensed to Solvay for advanced pre-clinical and clinical development.>>

GO KDUS, GO!

Miljenko.endo
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