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Biotech / Medical : TXB -Texas Biotechnology

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To: DZOO who wrote (14)12/29/1997 6:41:00 PM
From: Dave Yenne  Read Replies (1) of 19
 
Nice jump in the share price today, up 1/4. TXB is having an investors conference in February. If we hear good news out of the conference, we could see a good positive bump in the share price. Paine Webber has a price target of $12-14/share in the next 12-14 months.

Does anyone know what the testing order is for FDA approval of a new drug or treatment? TXB has a couple in Phase II testing. Is there a phase III and so on?

Dave....
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