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Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 13 9:30 AM EST

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To: Jim Roof who wrote (807)4/1/1998 12:06:00 PM
From: Stephen How  Read Replies (1) of 1432
 
Why was the NDA filing supposed to be anything other than "neutral" news?

All of us knew the filing would occur, and that it was a "non-event". However, we also said the stock would move up in anticipation of the filing, and it did. It seems we anticipated this irrational behavior.

Looking forward, I think the stock will move up just before the FDA fast-track decision. However, I think that fast-track approval is highly unlikely. The stock will probably react very strongly to this news.

Jim, what's your estimate of the annual U.S. revenues of the starch-based plasma expanders? Do you think that Hextend will expand this market?

Steve
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