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Biotech / Medical : IPIC
IPIC 0.0001000+899.9%Aug 15 3:35 PM EST

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To: Graham Marshman who wrote (559)8/13/1997 3:15:00 PM
From: Todd D. Wiener   of 1359
 
The way I see it is that Redux is a good cash flow product for IPIC, even if it's not going to drive earnings. The cash received from Redux sales maintains IPIC's financial strength, while the company continues to develop the products that will eventually boost revenues and earnings. I think that citicoline will be a very big success, and I have little doubt that it will be approved fairly soon after the NDA filing. GNE's Activase is the only real competition, and that's only good for 3 hrs. after a stroke. Citicoline has fewer health risks and is effective for at least 24 hrs. after a stroke. By virtue of the improved safety and efficacy, IPIC's drug should be approved quickly.

Todd
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