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Biotech / Medical : AutoImmune-AIMM

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To: majaman1978 who wrote (108)5/12/1997 10:30:00 AM
From: Thomas Stewart   of 298
 
Bummer. More specifically..

AUTOIMMUNE INC. (down 1-11/16 to 2-3/4 at 10:00am EDT) said Monday
although preliminary results from two Phase II trials of colloral
for rheumatoid arthritis were positive, they showed no statistical
difference versus the placebo. It said it believes, based on these
data and previous trials, that colloral has therapeutic benefit. It
may, however, require further development before entering Phase III
trials. The company said it will conduct additional analysis of the
colloral data before defining the next development steps for the
product. (Reuters 09:36 AM ET 05/12/97) For the full text story,
see
merc.com
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