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Biotech / Medical : ACADIA Pharmaceuticals Inc (ACAD)
ACAD 21.82-2.4%3:59 PM EST

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To: rkrw who wrote (479)6/16/2008 3:05:45 PM
From: tuck  Read Replies (1) of 588
 
Perhaps the Teva hit will stir the partnership interest in pimavanserin up. It'll be interesting to see the actual numbers on the endpoints that Azilect hit. I see the 2mg dose apparently missed one, whereas the 1mg dose hit all of 'em. No mention of dyskinesia outcomes. If those are unaffected, could be room for both drugs?

Definitely need to keep an eye on the Azilect data.

FWIW, I sold June 5 calls on the spike over $5. It didn't last long and I only got 20 cents. Still, if exercised, that's about 15% in a week, not bad. But so far, I would be comfortable holding for further developments, especially a P partnership. And it looks to me like that will be the scenario, unless some analyst gets some balls and also calls a bottom soon.

Cheers, Tuck
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