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Biotech / Medical : dsco Discovery Laboratories

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To: fred hayes who wrote (308)	10/17/2013 11:06:22 AM
From: Arthur Radley	Read Replies (1) of 318

Fred, I agree with you about the presentation! One of the better presentations that I've heard. No hype! The presenter about the trial was excellent---very fluid presentation and not jazzed up with medical jargon that the lay person couldn't understand. They were very realistic in plans--liked it when the questioner wanted to know if they could file NDA based on Phase II data. Response was very conservative and steered away from saying this was the possibility. At least it appears this new group has learned from over promising in the past. If I understood, they will enroll about 60 babies and the Phase II data will be available around mid-2014. I think we have built a nice floor under the stock--and now should see a gradual rise to at least the $3.00 as we wait for this initial Phase II data. Also, I would expect to see a bump when they announce the official launch and maybe the first PO--around Thanksgiving. Good luck! Cary

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