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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Richard Belanger who wrote (1035)6/24/1997 1:32:00 PM
From: Howard Hoffman   of 1762
 
Yes. We'll see. Someone really bailed out already today, with IDPH trading as low as 21. On the other hand, the stock, now around 23 1/2, is well above the levels of May.

The real action for IDPH will be when C2B8 is approved, although the RA business seems to have been dealt a major setback.

If SmithKline was selling a month ago, perhaps they wanted to be sure that they were not accused of selling right at the peak price.
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