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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer

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To: seminole who wrote (682)2/17/1998 6:41:00 PM
From: the eagle  Read Replies (2) of 1826
 
david, the rumor was correct. what would a europe partner do for the stock if announced? having been in bioteck before i know that an announcement that phase 11 trials were to begin may still be years away from approval. so, what does this announcement do to the stock. one thing that i think is very significant is that nci interest in this new drug. i understand that nci does not even get involved unless it is a very promising drug. could someone comment. also, i am now long this stock and think it has a very bight future.
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