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Biotech / Medical : Insite Vision Inc.

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To: Cheryl Galt who wrote (552)12/3/1997 5:08:00 PM
From: Robert Mayo  Read Replies (1) of 1060
 
Cherly,

Thanks for the link.

I noticed BetaSite, PilaSite and MethaSite were no longer listed on Insite's web page, insitevision.com.

A few months ago I asked Mike Baer what had become of the three Phase III drugs and he remarked that their fate was pretty much out of INSVs hands. Rights to two of them had been sold and final FDA approval would depend on the acquiring pharma; and the third probably didn't have a big enough market to continue to pursue approval/production.

Insite's product portfolio still looks good, development news is also good, and nobody is paying attention. It's frustrating. It's been frustrating for two years. Hopefully, Kumar will get the major deals done, we'll have a good H&Q conference and some money managers will finally pay attention.

Don't know if 208 will beat 205 to market. I'll try to find out.

Bob
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