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Biotech / Medical : Alexion Pharmaceuticals, Inc. (ALXN)
ALXN 182.500.0%Jul 28 5:00 PM EST

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To: keokalani'nui who wrote (773)3/27/2007 12:46:31 PM
From: tuck  Read Replies (1) of 824
 
OT Re: BCRX

Sounds to me like they'll drop that indication, possibly blow off development of the I.V. formulation altogether . . .

>>Given the necessary delays associated with addressing the formulation issues now affecting the continued progress of the T-ALL trial, as well as the limited number of patients with T-ALL who are eligible to be treated under our protocol, BioCryst's strategy going forward will be to focus its resources on CTCL as the disease indication which the company believes could provide the fastest route to marketing approval of Fodosine(TM).<<

They aren't having this issue with the CTCL trial because they are using an oral formulation in that one. The stumble slows burn down, but delays commercialization. Well, maybe not the latter given the apparently slow enrollment in the T-ALL trial, but that's how the Street is reading it, I think. So this might indeed be a good buy on this weakness. In any case, shall we move this over to the BCRX thread?

Cheers, Tuck
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