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Biotech / Medical : IMMULOGIC
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To: Bosco who wrote (188)7/31/1997 8:51:00 AM
From: Paul Getman   of 305
 
I don't see how they're going to get a corporate sponsor when they haven't even finished the design of the Cat Phase II trial and are still negotiating with the FDA over the particulars of next summer's Phase III trial for Ragweed.

IMUL has very intriguing science, they've targeted a wonderful, underserved (by biotechs) market, but they haven't been able to prove to investors that they can execute their strategy. It's been one disaster after another.

Paul
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