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Biotech / Medical : Imclone systems (IMCL)
IMCL 0.1590.0%Oct 5 5:00 PM EST

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To: tom pope who wrote (2513)8/5/2008 8:33:50 AM
From: DewDiligence_on_SI   of 2515
 
Feuerstein had some encouraging things to day about YMI some time (at least a year) ago when it was around 1.90

He should have known better. How the heck can a drug purportedly using the same MoA as Erbitux have robust efficacy while not exhibiting the EGFr mechanistic side effect of rash? The answer, evidently, is that it can’t.

YMI is a scam, IMHO (and I’ve been saying this on iHub for several years).

The company put Lenny Saltz on the its SAB, hoping this would give the drug credibility and it actually worked—for a time. What few investors seem to realize is that Saltz never expressed the opinion that Nimo works; rather, Saltz said it would be wonderful to have another drug in the CRC armamentarium and hence he’d be available for advice (which is what an SAB is supposed to be for).
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