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Biotech / Medical : XOMA. Bull or Bear?
XOMA 26.06+0.3%Dec 26 9:30 AM EST

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To: Webhead who wrote (3861)9/23/1997 8:45:00 AM
From: opalapril   of 17367
 
>>Up to 24 patients<< in the CF study seems very low to me, suggesting a high degree of XOMA confidence or a low FDA need for verification. And doesn't this news come shortly after rumors on this thread of a meeting between XOMA and the FDA, speculated to be aimed at accelerating the introduction of life-saving drug applications to market? Additional hint may be found in this line from the company release: >>Antibiotic resistance is an important area of research for XOMA, and also for the U.S. Food and Drug Administration (FDA).<<
I rather think there is more here than meets the eye. At a minimum it seems unlikely XOMA would embark on this study just weeks before the long awaited Neuprex results unless indications are very, very positive.
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