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Biotech / Medical : ACADIA Pharmaceuticals Inc (ACAD)
ACAD 25.88+1.7%Dec 3 3:59 PM EST

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To: scaram(o)uche who wrote (65)12/20/2004 3:29:58 AM
From: capstone  Read Replies (1) of 588
 
I am long Acadia, but two things that worry me are (1) the IP position for 104, and (2) the possibly declining need for 103 given the emerging 3rd generation of drugs like Abilify which have much less side effects.

On 104, composition of matter is not attainable and they have filed for a use patent. There is one issued use patent already relating to analgesia. I'm not wild about hanging my hat on a use patent -- and even then one that has not issued.

On 103, a drug like that would have been a blockbuster 15 years ago. But everyone and his uncle is trying to bring more sophisticated drugs to market that don't cause the weight gain, akathisia, etc. And Abilify is likely the tip of the iceburg.

Comments anyone?
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