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Biotech / Medical : Aviron
AVIR 3.250-0.6%Oct 31 9:30 AM EST

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To: A.J. Mullen who wrote (620)7/28/2001 3:34:15 PM
From: tuck  Read Replies (1) of 645
 
S.G. Cowen's Eric Schmidt (sp?) holds out some possibility that the FDA and AVIR could get together in a few months and reverse this decision, impying no need for further trials. Six of the ten no votes being provisional pending the requested safety data. Few informed folks have said another trial is needed, but the folks I've seen that said or implied this (including Mr. Schmidt/Cowen) have an interest in AVIR doing well.

The 2.5 minute audio take featuring Mr. Schmidt is accessible here:

biz.yahoo.com

This does amplify the idea that AVIR and FDA were on different pages regarding how much safety data was needed. What we have here is a failure to communicate. FDA timidity or Aviron's regulatory inexperience? Can't say.

Cheers, Tuck
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