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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: margie who wrote (4201)5/5/1998 12:11:00 AM
From: billkirn  Read Replies (1) of 6136
 
Margie: After talking with IR, my understanding that Agouron in close cooperation with the FDA decided to go directly to phaseIII trials. The results must be quite good to proceed directly to phase III. No public notification has been made yet as the test sites have not been selected. If all goes well, NDA in 2000.
I am not sure how to compare AG3340's effectiveness against Entremed's candidate, but our baby seems to be far ahead of the competition. Let us hope AG3340 is at least in the ball park of the expected Entremed's effectiveness.
Since there has been no reported of exceptional effectiveness for AG3340, I don't expect miracles but a solid performer.
Bill
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