Lidak Pharm. [LDAKA] Message Board

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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: Henry Volquardsen who wrote (610)	9/12/1997 1:35:00 PM
From: luis a. garcia	of 1115

Henry James probably does know something, however on the one hand he is generalizing. and on the other hand he is discounting the previous trial which demonstrated Lidakol effectiveness in both placebo form i.e. low grade worst batch medicine. and best case as a medicine. The FDA has been totally working with lidak for over two maybe three years on this issue. And that counts for something. At one time they asked Lidak to show Lidakol was not a carcinogen... then Lidak showed the FDA sufficient evidence so they would drop that demand. Its in the record. The climate at FDA has changed a lot and James is citing the past... He is projecting from his past experience and that is all... The trade lies in defying the conventional wisdom and getting in when James i.e. conventional wisdom types are skeptic. We have the added advantage that a very savvy person like Bud favors the play. But the market is the market and when will the stock be recognized? probably as soon as the NDA is filed in 97..and approved in 98. luis

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