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Biotech / Medical : Biotech Valuation

CRSP 55.40

+1.2%

2:29 PM EST

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To: zeta1961 who wrote (11863)	6/2/2004 9:48:57 AM
From: charlyt	Read Replies (1) of 52153

That PR seems a bit misleading. Kind of makes it seem like the drug got approved when what the FDA said was if your current trial shows efficacy then we'll approve it. A big difference. At least that's my read of this PR: biz.yahoo.com <<"We are pleased that the FDA has determined that RSR13 is approvable, assuming a favorable outcome of our ENRICH study," said Michael Hart, President and Chief Executive Officer of Allos. "We remain focused on completing the enrollment of the ENRICH study as soon as possible, and will continue to work with the FDA with the goal of advancing RSR13 toward approval.>>

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