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Gold/Mining/Energy : Nuvo Research Inc

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To: Pierre J. LeBel who wrote (735)	2/20/1998 12:10:00 PM
From: Mark Bartlett	Read Replies (1) of 14101

Pierre, <<Did you have an opportunity to talk to Peter this week? Anything interesting to report concerning the presentation last Saturday? Do you have any approximate time frame on approval for Pennsaid?>> Not yet .... as far as Pennsaid approval - the average drug takes 22 months to get through the Canadian approval process - we are at about 17 months with Pennsaid now. I expect approval this year in Canada and perhaps the UK too. Could come any time .... that is the reason I would at least hold a core position for the initial run and then you can reload for at any pullback - you will not want to be caught off guard when the nod comes ... you could be left in the dust. MB

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