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Biotech / Medical : ARADIGM CORP. ARDM

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To: tuck who wrote (111)	2/24/2001 2:12:25 PM
From: rkrw	Read Replies (2) of 255

<<At the BIO CEO conference, Mr. Thompson cryptically mentioned four unannounced programs. Unless my ears deceived me.>> In the past, they've informed that unannounced means unsigned, implying feasibility type work. If you've listened to them speak before, it's something to the effect of they don't announce and disclose partnerships until formal agreements are in place. They haven't formalized an agreement since May 1999 (the since dropped DNASE/GNE alliance). On the plus side for ardm, pfe apparently announced earlier this week that their planned NDA filing will be delayed by six months, implying a late 2001 nda filing vs previous est of mid 01.

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