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Biotech / Medical : XOMA. Bull or Bear?
XOMA 32.13-0.5%Nov 28 9:30 AM EST

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To: Robert K. who wrote (16709)3/7/2004 1:49:35 PM
From: Robert K.  Read Replies (1) of 17367
 
Well, this means someone will be playing catch up and I bet Raptiva is the one to catch. Either way it is "proof of concept" for Raptiva too.
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New Drug to Be Tested on Alopecia Areata
We are pleased to announce the NAAF has just been awarded a $200,000 grant to help fund a multi-center clinical trial to determine how the drug Amevive (Alefacept) affects alopecia areata. This grant is from Biogen and will be distributed through the NAAF research grant program to selected investigators willing to design and take part in this trial. Biogen will also supply the drugs necessary for the trial directly to the investigators; these drugs are valued at over a million dollars. This is a "proof of concept" study to help us determine if and how alopecia areata is mediated by T-Cells.
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