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Biotech / Medical : North American Vaccine
NVX 1.510-3.8%Oct 31 9:30 AM EST

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To: Don W Stone who wrote (60)11/4/1996 7:19:00 PM
From: Rick Strange   of 82
 
I called a member of the staff of the FDA Vaccines and Related Biological Products Advisory Committee and asked for a clarification of last Tuesdays meeting to consider NVX's application to market its acellular pertussis vaccine for the primary three-dose vaccination series given at 2, 4, 6 moth of age.

First of all I was informed that there was no panel vote.

They read me a one paragraph release that stated that the panel determined that a four dose series given at 2,4,6, and 15 month was required to achieve 72% effective rate as reported in the Swedish trial.

The statement went on to say that additional data was required for both the forth and fifth dose series.

Sturza's Medical Investment Letter 10/31/96 f.253 was correct on these issues as well as all of the other material facts stated regarding the meeting.

As I have stated before, I am short the stock. Rather than try to paint me with the same broad brush of character assination that you apply to anyone that feels a stock is overvalued I invite you to check the FACTS for your self. The Advisory Committee telephone # is (301)827-0314.
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