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Biotech / Medical : Biotech Valuation

CRSP 55.26

+1.2%

3:59 PM EST

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To: scaram(o)uche who wrote (5471)	1/19/2002 11:24:31 AM
From: Vector1	Read Replies (1) of 52153

<<So...... how can we value IMCL without knowing the content of FDA letters in their files? >> Rick, I agree, I wouldn't touch this thing right now. In fact it is probably a good short <<Is there a letter saying that "refractory is tough to call, and it is not necessary to make that call if a trial is placebo controlled and double blind".>> Given the Cancer Letter and the investigation which has at least the tacit approval of the FDA you might find the opposite. My guess the senator pursuing this has a mole at the FDA. That is how Washington works. The big lawsuit no one is talking about is the one BMY will file to recind their stock purchase. They will sue the individuals and the company. They have to file it. They are embarrassed, their reputation is at stake and if the allegations of impropriety are correct they have a great law suit. This is going to get much uglier. V1

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