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Microcap & Penny Stocks : Pharmos(PARS)
PARS 2.700+13.6%Jan 21 4:00 PM EST

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To: Kirsten who wrote (535)4/3/1998 10:41:00 AM
From: Rick Strange  Read Replies (1) of 1491
 
Kirsten,
My answer last night was a bit pompous. I was working on my taxes and that always puts me in a foul mood....sorry.

I don't know if I can answer your question except to say that unique drugs that address an unfilled mass market are very rare. At least those that get FDA approval are very rare.

There are some companies that have done quite well by taking existing drugs and eliminating side effects. Sepracore comes to mind, they have taken most of the mass market non sedating antihistimines and created a better molecule sans side effects. They have struck deals with companies like SGP for Claritin. SGP gets an improved product and extends their patent rights a few more years.

PARS is indeed a good example of a company that has taken the existing gold standard and created a new standard with Lotemax and Alrex.
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