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Biotech / Medical : Pharmos (PARS)
PARS 2.700+13.6%Jan 21 4:00 PM EST

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To: Clarksterh who wrote (1289)11/12/2004 9:45:37 PM
From: rjk01  Read Replies (1) of 1386
 
Translation adlib from an Israeli analysis (S. Cohen)dated Nov 11.
1. While US institutions only “know” about Teva, all their Israeli contemporary hold both teva and pars in their file
2. Only one analysis in the US cover them (Dr. David B from CBR)
3. The reason the pps&volume up last few days is not due to the article published that week but rather the New Orleans conference and the SNY discovery on their cannabis based drug. That reminded some investors of pars platform and the potential attached.
4. Pars platform is much boarder with pain relief, cancer Tx, Parkinson dz, heart dz etc applications.
5. Pain relief application is generating new interest ala the current neg “issues” concerning the Cox-2 inhibitors. During the Oct conference Aviv made a comment (similar one was made the next day in the WSJ) warning about the cox-2 potential long-term danger. Applying that pars holds in its pipeline an alternative w/o the long-term severe side effect. Clinical trial starting next year.
6. In this same conference Aviv was asked how many shares his top mangers hold and his reply was “TOo LITTLE” (i.e. for their own good they might wan to buy/hold more!)
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