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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: DR. BOND who wrote (5219)2/1/1998 9:45:00 PM
From: Mkilloran  Read Replies (1) of 23519
 
TA
If HVSF had anywhere close to a product they would'nt be having a
problem securing funding. Take a look at the latest 8k report on Edgar ...let's Wait and See if the good DR's can pull this one off..
The long road i s all up hill ....when will FDA phase 3 be ??? Maybe
the year 2000...???? Plant certification ..distribution channles, overseas approvals..etc,etc.
For those that have an interest ..you may want to review the latest Worth mag article ...FEB 98... page 90 writeup on Alan Carr H&Q president of Capital Management ...has a good chart of how long it takes to get thru FDA approvals Phase I, II,III and failure rates of ~40 % at each level.
For those that like to gamble with penny stocks ...or play the slots in Vegas....put your silverr dollor in the slot....Now what do you think your odds of a payoff are????????????????
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