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Biotech / Medical : Biomatrix (BXM) Looking Great

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To: John McCarthy who wrote (251)11/29/1997 6:04:00 AM
From: James Baker  Read Replies (1) of 569
 
John,
That abstract is a very nice find. I agree the results are very good. The 8 month interval is a duel edged sword IMO. It implies that injections could be given at this inverval for a large percentage of patients decreasing their cost and making SYNVISC a much better treatment on a cost/benefit ratio with NSAIDS. 3 injectios series (of 3 inections each time) would work for 24 months. ie the annual cost is $1500/2 = $750 not the $1000 we have thought. (Cheap NSAIDS can cost $600 per yr and the expensive ones over $1200 per yr - medication only, not treatment of previously discussed side effects)

The corporate downside is that the decreased sales per patient MUST be made up by good patient RP, word of mouth advertising and physician acceptance of this noteworthy treatment.

Interesting difference in swelling reaction depending on medial vs lateral injection. I don't know if stat signif but if so this knowledge widely distributed could cut reactions in half. All to the good of patient and SYNVISC.

Market comment: It looks like all the BIOMATRIX supporters took Friday off. Volume was nothing and the MM just let it drift on down. Would expect some bargin hunting on Monday.
Jim
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