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Biotech / Medical : Cell Therapeutics (CTIC)
CTIC 9.0900.0%Jun 26 5:00 PM EST

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To: quidditch who wrote (400)2/2/2005 9:52:59 AM
From: Icebrg  Read Replies (2) of 946
 
>>one must question whether this management's "belief" is credible.>>

quid

These guys may be greedy, but I don't think they are stupid. As this was an open label trial, they have no doubt questioned larger sides about their experience with the drug and drawn conclusions from these answers. I should of course also add, that there no doubt are other reasons for trying to get as early an impression of the results as possible.

If the answers had been inconclusive, they would simply have waited one or two weeks in order to collect more data before granting the shares. We are talking about potentially big differences here, when comparing blended results with historical controls.

I believe they know pretty well what the chances are for approval by now.

Erik
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