Magainin Pharm (MAGN) Message Board

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Biotech / Medical : Magainin Pharm (MAGN)

MAGN 8.890

+2.2%

Nov 7 9:30 AM EST

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To: Shlepper who wrote (37)	5/6/1997 7:23:00 AM
From: Mark Haythorn	of 233

Oops, yes, I forgot that one little detail... Two years before product sells, but milestones add significantly to their cash pile! I also like the concept of 'trust' or 'faith' that occurs. Magainin has demonstrated that they can successfully develop a cmpd. to the end of phase III. That is no small feat! Now, other companies who might be considering other licensing agreements with Magainin might just say to themselves 'Hmm, but they did develop a cmpd. already, they must have the capability to get the job done'. The credibility of Magainin must be riding high right about now. Have they submitted their NDA yet? That event will be a big ego boost. I don't know what's up with the P&G arrangement. -Mark

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