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Biotech / Medical : AMLN (DIABETES DRUGS)

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To: richardred who wrote (1825)5/2/2005 9:50:41 AM
From: arnie h  Read Replies (1) of 2173
 
I guess the need for addt'l data for single agent therapy is what is causing short term 'investors' to bail out. Apparently they didn't do their homework well enough. There was so much speculation I assume things will be a little rocky for a bit.

"Lilly executives said that while they were interested in pursuing eventual approval for Byetta as a single agent therapy, but were unsure when that application could be made. The executives added that such an approval would likely need an additional Phase III study. They said the company planned to talk to the FDA about what type of studies would be needed for such an approval."
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