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Biotech / Medical : Insite Vision Inc.

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To: David Bogdanoff who wrote (617)	1/15/1998 5:43:00 PM
From: Robert Mayo	Read Replies (1) of 1060

"They could have gone into their files and yanked out an old press release, maybe changed a year, and re-released it. Then they would be efficient. There wasn't even a hint of anything new." David, They're in late stage discussions with a few potential partners for the test kit and ISV 205. The press release was pure pablum though. I'll bet Kumar's presentation was too. I've tried to warn the board that Insite probably wouldn't announce any major partnerships at this conference. Mike Baer said as much. They're coming shortly though. I wish Mike Murphy hadn't led so many CTSL subscribers to believe Kumar was going to blow the doors off the H&Q conference. Kumar's got a good story, but everyone who's interested already knows it. The big news will come when investors see a clear path for a major product from Insite's labs to the market. This will only come when a major pharma or lab signs-on to market the glaucoma test kit. Bob

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