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Biotech / Medical : Alteon (ALT)
ALT 5.390+16.9%3:59 PM EST

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To: Jonathan Rothschild who wrote (193)12/10/1997 10:38:00 AM
From: Rudy Saucillo  Read Replies (1) of 318
 
Counterfeiters??? That simply should not be a concern when developing sales projections for Pimagedine. No one but ALTN/GNE will have the regulatory approval or legal authority to sell Pimagedine (i.e., assuming the ongoing trials are successful).

Yes, other companies are researching AGE formation inhibitors which are structurally different than Pimagedine. I can post more info on these if anyone is interested. All of these are in the early pre-clinical stage and none are competitive with ALTN's. Alteon's second generation program is significantly ahead of these other efforts.

I'm not implying there's no competition for marketshare. There's much work ongoing in the areas of diabetic complications and metabolic control. But diabetes is a very complex disease and (short of transplantation for Type I disease) there's no one-therapy cure. Because of the broad systemic effects of Pimagedine, I believe Pimagedine will become a major component in future multi-drug approaches in diabetes treatment.

Rudy
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