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Biotech / Medical : Biotech & Pharma.T.A,
BIB 76.07+0.9%Nov 12 4:00 PM EST

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To: arnold silver who wrote (174)1/7/2003 9:31:41 PM
From: JMarcus  Read Replies (2) of 3722
 
<<I can't even find a reason for the name change.>> The company is trying to distance itself from its SNAFU in trying to develop its once-flagship molecule, Neotrofin, for Alzheimers. News about that shady history isn't on SPPI's website, but you can find it on the old SI thread for NEOT. The announcement of Neotrofin's final demise is posted there: Message 17423517

The new focus of the company is cancer therapeutics. At least one biofreak thinks the new management may have a chance at turning the company around:

siliconinvestor.com

I lost a bundle on NEOT, so I'm gunshy, even though SPPI really is a completely new company.

Marc
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