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Biotech / Medical : Pharmos (PARS)
PARS 2.700+13.6%Jan 21 4:00 PM EST

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To: leigh aulper who wrote (1213)7/1/2003 7:07:38 PM
From: Cacaito  Read Replies (1) of 1386
 
Very important from today pr release:..."The primary endpoint for the study will be patient outcome as measured on the Glasgow Outcome Scale - Extended (GOSE) six months after injury."

Usually a drug will be approved based on the agreement Company/Fda on the "1ry endpoint", this is the first time I read that "GOSE at 6 month" IS THE 1RY endpoint, therefore it is not mortality (a tougher endpoint).

The 1ry endpoint is reasonable, but nevertheless it is an achievement of Pars Executives that they were able to negotiate, convince and get the stated 1ry outcome.

Much less risk to hold Pars.
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