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Biotech / Medical : Neurex Corporation

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To: John O'Neill who wrote (417)2/25/1998 9:09:00 PM
From: Dr. John M. de Castro  Read Replies (1) of 449
 
NTIIC was a temporary symbol used for NTI while they were under a temporary extension from delisting from the NASDAQ small cap market. Subsequently, I'm sorry to report, they were delisted and now trade on the OTC-BB under the symbol NTII.

NTII has completed a Phase II trial for the treatment of peripheral neuropathies with Memantine. This is for pain management and they reported positive results for diabetic neuropathies. Memantine is an oral drug so it addresses a different market than NXCO's SNX-111 which requires intrathecal administration. IMO NTII's market is much larger than NXCO's.

Take a look at the Neurobiological Technologies thread for more information in this regard.

BTW: I am long in NTII and have a vested interest.

John de C
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