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Biotech / Medical : IMNR - Immune Response

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To: Chris Wilkinson who wrote (98)9/4/1997 7:38:00 PM
From: Logain Ablar   of 1510
 
Chris:

Phase III just began in May / June time frame. Scheduled to go over 2 years BUT the speculation and hope is that the first mark (data compilation point) in November will indicate that the results are so strongly positive that it would be inhumane to continue the trails.

Means that its inhumane to continue to give a plecabo to a percentage of the trial participants and inhumane to continue trial for 2 plus years and not have the drug on street to help inflicted. FDA grants this rarely, but with AIDs and the outcry all of the other "coctail" drugs have been granted the rapid approval.

Once trials are halted it will still be a 2 to 3 months before FDA approval but the news of the trial halt will propell the stock.

Still speculative but there were good phase i & ii results. Still may be some pull back but I can't see it below 8. (I'm neutral since I didn't mark my calendar until mid September to start to focus on this).

I'm in LGND and will play this one out before IMNR.

Good investing,

Tim
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