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Biotech / Medical : NKTR Drug delivery Company
NKTR 59.32+2.3%3:59 PM EST

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To: rkrw who wrote (323)6/10/2010 11:29:15 AM
From: Arthur Radley   of 507
 
RK,
I appreciate your skepticism....as you say the proof will be in the controlled Phase III. Haven't we all been burned by rat models and Phase II data! Ironically, NKTR's old next door neighbor burned me with such a few years back. Maybe as a lucky omen, NKTR is moving out of the complex while they have the money. With the demise of NUVO and with NKTR moving to the old PFE quarters......will leave a huge vacancy their on Hwy 101.

On the positive side.....the CEO has cut some nice deals, and if he can do one for the cancer platform in the near future....that will be a real plus. Logic would be for PFE to cut them a deal---isn't it PFE old drug that they are using in this program. If I recall, PFE got it approved 15-20 years ago.
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