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Biotech / Medical : Vivus, Why the Slide?

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To: Tom Hua who wrote (1986)6/15/1997 9:16:00 PM
From: Edderd   of 3991
 
Tom, My guess on the last quarter is that the new peoduction facility will be inproduction early. The request to the FDA to reinspect may include some preliminary inspections on the new facility (they are both in NJ and I understand close to each other. That might indicate that the new facility is close to operational. That will certainly boost Q4. I still hears from patients that say their pharmacies are out of a certain dose (usually 500 ugm) and backordered so the demand is still there. If you calculate 9000 urologists ordering 3/week thats 27000/wk but our group (7urologists) averages 10/day. Being in FL may make a difference but there are older folks everywhere. The market is in the older population and has been barely touched. What happens two years from now is of remote interest. The intermediate Q's earnings probably reflect the cost of the new facilities. Maybe they didn't borrow any money! That would be interesting. Keep in touch.
Ed
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