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Politics : Ask Michael Burke

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To: Joan Osland Graffius who wrote (90067)3/6/2001 11:37:28 AM
From: Thomas M.  Read Replies (1) of 132070
 
No I do not follow the company, should I?

It's dropping like a rock, so the answer is "no". -g- It's an interesting story - lower risk, in some ways, compared to other biotechs. They are improving existing drugs, rather than designing new ones. They've run into some snags on their partnerships with big drug companies. Schering is a partner, and it has now come out that Schering is in the doghouse with the FDA for manufacturing issues. I'm debating reloading to a full position here, but I've been debating that for many months and dozens of points.

Tom
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