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

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To: the eagle who wrote (683)2/17/1998 8:00:00 PM
From: seminole   of 1826
 
eagle

<<< 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>>>

The NCI's involvement is very significant. I believe their funding
resulted from their own in house appraisal of MGI 114. The NCI
originally rejected Illudin S, years earlier, due to its high
toxicity, but the lower toxicity and successful mice model work
must of caused a dramatic change in their opinion of this class of compounds. I expect dramatic new data to be presented by MGI in
April at the American Association for Cancer Research. (I hope for
a complete review of the Phase I trails including the current patients)

richard
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