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Biotech / Medical : Alexza(ALXA)-No Pain! Big Gain!!!!!

ALXA 0.935

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Jun 21 4:00 PM EDT

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To: Arthur Radley who wrote (11)	7/29/2007 7:09:04 PM
From: tuck	Read Replies (1) of 26

"Our business model is based on an assumption of cost of goods for our devices of under $5 per unit at volume manufacturing, and we need to satisfy ourselves that we will be able to achieve a sales price in excess of $15 per unit to proceed with a development program. In all of our programs under development, we believe that we will be able to achieve these unit prices based on the advantages that our technology delivers: rapid onset, ease of use, consistent particle size, and consistent dose." CEO King from the MF interview. "The later, the better," is a dicey rule. Think CTIC and TELK, for examples of later being worse. Seems as though that wouldn't be a big help in migraine studies, but I'm no expert. Per that interview, the two timelines you give appear to be correct. I haven't priced popular migraine medications, but I bet Rick knows that stuff off of the top of his head. I've bought a little SNUS, and am trying to get some ARQL. Also looking at SNMX. You still follow that one? Cheers, Tuck

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