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Biotech / Medical : CVAS-an interesting california-based biotech company here
CVAS 0.0004000.0%Oct 7 9:32 AM EST

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To: tuck who wrote (52)8/27/2001 7:13:08 PM
From: Miljenko Zuanic  Read Replies (1) of 126
 
No respect for small Corvas when *street* is talking about small molecules and protease inhibitors.

They priced news with ~$9MM in MC, while for similar (in distance) events CVTX got ~$100M in MC.

Maybe investors still have bitter taste from CVAS HCV and fXa/thrombin programs and collaboration with Schering. However, none yet have break-true compounds for this two target, so why to blame CVAS for failure. Nonetheless, I think that Schering direct thrombin inhibitor (from CVAS) is still alive.

Miljenko
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