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Biotech / Medical : Procept (PRCT): 50% rise on high volume. Why?
PRCT 31.91+1.9%Nov 7 9:30 AM EST

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To: Douglas who wrote (246)9/8/1997 8:09:00 AM
From: Douglas   of 455
 
Interesting Statistics:

Source: FDA Consumer Special Report

Testing in Humans-of every 100 drugs submitted to the FDA for investigation, about 70 will successfully complete phase I trials and go on to phase II; about 33 will complete phase II and go on to phase III; and 25 to 30 will clear phase III. On average, about 20 of the original 100 drugs will ultimatlely be approved for marketing.
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