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Biotech / Medical : Guilford (GLFD) - Steadily Rising

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To: SteveG who wrote (75)8/25/1997 3:32:00 AM
From: Marty   of 496
 
Congrats to all who had the foresight to buy Guilford. I happened to buy another biotech R&D co, Neotherapeutics, who is working on the same problem. A lot of the reason I bought was because of the following report.

prelude.mcmaster.ca

Since the date of this study, NEOT has started human phase 1 testing in the U.S. and I understand that the initial Canadian trials are about concluded. (Successfully) It appears to be the same class of drugs for the same problems. The small molecule solution is the same but beyond that, there may be a difference in approach. I am a layman in biotech.

This is just a FYI. This is a huge market and what appears to be a medical breakthrough for both companies. Very good for the industry.
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