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Technology Stocks : SYNSORB (T.SYB)(SYBBF) CURE FOR CANCER?

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To: John Trudeau who wrote (161)1/13/2002 9:46:59 PM
From: Jim Oravetz  Read Replies (2) of 164
 
"Full Phase I results, which showed some form of tumor response in six out of 12 patients and no adverse events,"snip...

Any drug in PI still has lots of things to prove. The further along the trials are the more likely that they will work ok. Remember that only about 10% of drugs get through to the approval phase. 12 patients is a small sampling of the general population to base the likely success of this drug. PII will move to 40 people or more, but this is still a small population to work with. Lots can go wrong here as well. Look at IMCL, a much bigger biotech, that seems to have stumbled badly with the trial design and the way they presented the data to the FDA. The stock has taken a big hit since, worst case, a new trial may be needed.

Biotech is very tricky with picking winners this early. I can not comment on ONC specifically, since I have not followed the science. Use your judgment and spread things around in the bio field.

Jim
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