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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: David Bleich who wrote (663)10/16/1997 3:52:00 PM
From: Henry Volquardsen   of 1115
 
David, welcome aboard. The melanoma vaccine is not the major play on Lidak at the moment but is one of several intersting kickers in the background. The main play on this stock at the moment is Lidakol (n-docassonal). This is an anti-viral that is currently being tested as a treatment for oral herpes. It is also has potential application for genital herpes, shingles and a few others. They have just completed phase III trials and were pleased. We are awaiting publication of specific data within the next few weeks. The NDA is already under preperation. They have marketing arrangements with Bristol Meyers for the US and a Japanese drug firm (Yamanouchi?). I forget what the burn rate is but recall that they have money for two (?) more years and personally believe Lidakol will recieve its NDA before then. Dr. Katz is the guiding light of Lidak and as I recall he has extensive experience but am not certain. Someone else maybe able to fill in details. Luis? John? what did I miss?
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