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Biotech / Medical : Biotech Valuation
CRSP 51.10-4.5%10:27 AM EST

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To: Biomaven who started this subject9/19/2000 8:01:32 AM
From: IRWIN JAMES FRANKEL  Read Replies (2) of 52153
 
ITMN

Yesterday the company issued a press release:

Message 14401347

It looks to me like this study is targeting treatment of Pseudomonas aeruginosa which is very common in cystic fibrosis. It would fit with ITMN's focus of using gamma interferon 1b in fibrotic lung diseases.

Broadening the drug from IPF to CF suggests higher valuations are coming for ITMN.

Does my read on where they are going make sense?

ij
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