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Biotech / Medical : CRIS, Curis (formerly CBMI)
CRIS 1.310+0.1%3:59 PM EST

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To: SemiBull who wrote (374)5/6/2001 2:47:12 PM
From: Craig N. Robinson  Read Replies (1) of 668
 
Explanation for "Non-Approvable" letter from the FDA?
Hello, I used to own quite a bit of CBMI but eventually made a pre-merger purchase in my mother's portfolio and I haven't followed the stock much since. I did see the plunge the day the "Non-Approvable" letter was announced but was there ever a reason given for why the FDA rejected OP-1? I see such tremendous potential in CRIS that is in no way reflected in the stock price and I was curious why there wasn't a greater explanation of that rough short-term setback.

Thanks,
Craig
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