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Biotech / Medical : Biotech Valuation
CRSP 55.26+1.2%3:59 PM EST

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To: scaram(o)uche who wrote (10076)1/21/2004 12:30:23 AM
From: JMarcus  Read Replies (1) of 52153
 
Rick, I appreciate the perspective of the "been there/been burned" folks re PCYC, but I'm having trouble seeing where the big risk lies in getting Xcytrin approved. All the company appears to need to do is to repeat the result achieved in the last Phase III trial. They've got the SPA for the next trial, so the critical-path-to-success appears to be very well defined and the track record from the last trial gives every confidence that they can get from here to there. If they are remarkable frauds or incompetents, I suppose they could still screw things up, but I just don't see that happening. From the presentation and break-out session, these folks really seemed to be on top of their game.

Marc
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