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Biotech / Medical : Versicor (VERS)

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To: nigel bates who wrote (68)5/24/2004 12:32:32 PM
From: Arthur Radley  Read Replies (1) of 83
 
Yes! I listned to the CC. Horner was very brief...stated they were working close with FDA and that the FDA was eager to work with them to resolve these issues. What was interesting was the question as to why Merck got approval when apparently the MICU data was stronger for this indication. Seems the MRK NDA was for different indication and candisas(sp) was merely a secondary indication. However, if the FDA approved the MRK drug for this indication, then why not the MICU "if" the data was more supportive.
IMO this down turn is overdone, since they should have additional Phase III data this fall. I jumped in around $12.50...hoping for a bounce.
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