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Biotech / Medical : North American Vaccine
NVX 1.410-6.6%Nov 3 3:59 PM EST

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To: andy harrison who wrote (24)10/20/1996 12:05:00 PM
From: andy harrison   of 82
 
NVX had more good news last week. Dennis Kasper of the Harvard
Medical School released intitial results of a 500 woman study
for NVX's Group B Strep Vaccine (GBS). There is no vaccine for
this disease on the market at all and no competition in sight.
GBS affects 50,000 infants annually with a 15% death rate. Every
woman of child bearing years is part of the target market. That
figure is 150,000,000 women in the US alone. This is a huge number
in that the world target market is absolutely enormous and adult
vaccine often sell in the $40-50 price range. The factory that
NVX bought from Cephalon will be used to manufacture the Strep and
Menigitis vaccines. It is very important that NVX was able to buy
this factory at this time as it will save them around $10 million
dollars and will cut off about 3 years in time. By the way...
The results of the 500 patient testing....very positve!!!!
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