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Biotech / Medical : CNSI Cambridge Neuroscience

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To: molemania who wrote (305)12/16/1997 1:05:00 PM
From: NeuroInvestment  Read Replies (3) of 675
 
While I would have preferred to be wrong, in the October 97 issue of NI I wrote:"we see no reason to expect positive news from the full analysis of the halted stroke study (news due late 4Q). Unfortunately, this signals the death knell for Cerestat as a neuroprotectant."

So there was no surprise in today's news.It would have been a shock to hear otherwise. CN and BI will be sifting through the wreckage to see if there are any subgroups of patients who did show improvement....they may find something, but I am not betting that it will be enough to cause BI to fund another Phase III. NeuroInvestment
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