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Biotech / Medical : Guilford (GLFD) - Steadily Rising

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To: tdinovo who wrote (121)10/10/1997 4:20:00 PM
From: tdinovo   of 496
 
Sorry for delay. PJ report primarily goes over old information, but was generated as a result of an analysts meeting in NY on September 25. A few details are provided on dosing levels for the announced study and reference to two on-going, larger studies in monkeys. Both unreported studies are placebo-controlled; one to demonstrate neuroprotective effect of GPI-1046 and a second that is similar to (but larger than) the reported work. The latter study will include 60 and 90 day follow-up work and is supposed to be finished in Q4. The neuroprotective study is already complete and results are being analyzed.
The authors speculate that Amgen will choose a lead product in Q1 1998 and will begin clinicals mid-year. They suggest GPI-1046 may be choice, which seems logical enough.

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