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Biotech / Medical : InterMune (nasdaq)ITMN

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To: Secret_Agent_Man who started this subject2/16/2001 11:54:24 AM
From: IRWIN JAMES FRANKEL  Read Replies (1) of 508
 
ITMN CC notes:

- IPF PIII enrolling at 40 of 53 sites
- 71 of 260 patients enrolled for IPF
- will start PIII for ovarian cancer 2H01
- will start PII for cystic fibrosis 2H01
- will be presenting at symposiums for pulmonary and cancer
- has 8 MD's on staff looking at other uses of Actimunne
- 100% of growth Q over Q is coming form off lable use
- combo treatment with Amphotec is very exciting prospect
- hope to be able to file NDA for IPF in late 2002 or early 2003
- expect to get priority review for IPF due to lack of treatments available
- 84% of 3rd party payers are covering Actimunne treatment
- repeated mid 01 as date to finish enrolling IPF
- looking at other fibrotic disease possibilities in liver and kidney
- negative cash flows 01 and 02 $30M, 03 $15-25M
- cash $194M, adequate for next several years
- good participation in the CC

The stock is cheap at 33 today. IMO :-)

ij
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