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

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To: Howard Hoffman who wrote (1087)7/7/1997 10:00:00 PM
From: margie   of 1762
 
Article - "Moment of Decision" in new Worth Special Issue on Investing in Technology. About trials and tribulations of IDEC Pharmaceuticals and their partner Genentech, hoping to gain FDA approval for Rituxan, for low-grade non-Hodgkins lymphoma. "If approved, it'll be the first monoclonal antibody to treat cancer in the U.S. and could open the door for many similar treatments."
Gives history of IDEC, and different scenarios for what if it gets approval and what if it doesn't.
"Most analysts expect the committee to recommend approval, but there's a chance it won't."
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