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Strategies & Market Trends : Guidance and Visibility

AAPL 278.85

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Nov 28 9:30 AM EST

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To: amadeus who wrote (14590)	9/6/2001 5:28:33 PM
From: quasi-geezer	Read Replies (1) of 208838

you mean this article MacroChem tumbles after impotence gel disappoints NEW YORK, Sept 6 (Reuters) - Shares of MacroChem Corp. (NasdaqNM:MCHM - news) lost a third of their value on Thursday after the Massachusetts biotech firm cited disappointing trial results for its topical anti-impotence drug, Topiglan. ADVERTISEMENT MacroChem was down $2.00 to $4.15, or 33 percent, the second-biggest percentage loser in morning trade on the Nasdaq. The Lexington, Massachusetts-based company said late on Wednesday the gel improved erectile function in a subset of patients, despite drug potency problems, but that data failed to show it helped erections last through ejaculation. MacroChem said the study showed ``positive direction but not statistical significance in the ability to maintain erection to completion of intercourse, a benchmark typically required for approval of an ED (erectile dysfunction) drug.'' Men apply Topiglan to the glans (head) of the penis. Unlike Pfizer Inc's (NYSE:PFE - news) famous anti-impotence pill, Viagra, MacroChem has said Topiglan (alprostadil) can be used by men taking organic nitrate heart drugs. MacroChem said a sampling of unused patient doses showed potency of Topiglan was below design specifications in a significant percentage of samples tested. It said the problem likely resulted from interaction with components of the dispenser used in the trial and that the company has since developed a blister-type dispenser it expects to use in subsequent studies. I think I applied the stupid thing correctly, how come it does not work ...

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