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Biotech / Medical : Biotech Short Candidates

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To: semi_infinite who wrote (739)	1/6/2005 4:46:59 PM
From: tuck	of 897

Studies by them say no problem there. But the problem that got ARDM, night-time glucose levels, wasn't measured in those studies, to my knowledge. Frustratingly, I haven't heard what Novo figured out from analyzing said problem -- but they bought the rights to the program from ARMD recently. See here and the ARDM thread for details. Seems as though EMEA has been sitting on the European NDA for a long time; I've heard a vague rumor -- mentioned here -- that there might be a problem with it. Meanwhile Pfizer's target date for an FDA NDA is sometime this year. Bottom line? Bearish, but not with sufficient conviction. Cheers, Tuck

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