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Biotech / Medical : Targacept (TRGT)

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To: keokalani'nui who wrote (18)1/26/2007 3:39:51 PM
From: tuckRead Replies (1) of 40
 
Starting to look at TRGT. From the 3rd Q PR posted by George:

>>Completed the dosing phase of Targacept's ongoing Phase II trial of
mecamylamine hydrochloride as an add-on therapy for depression in
August. Targacept believes that the results of the trial, which are
expected to be available in the fourth quarter of 2006, may provide
valuable insights that can be applied to the development of TC-2216.<<

Well, we haven't seen those results yet. They are presumably right around the corner. I don't know how much market cap is at risk with the trial, and I haven't looked at the design or biological rationale . . . in other words, I am currently clueless. Maybe I can look this weekend, ut I was wondering of you had a view regarding outcome of this event.

TIA & Cheers, Tuck
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