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Biotech / Medical : Biogen
BIIB 181.890.0%3:59 PM EST

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To: Stanley Cowen who wrote (668)6/5/1998 1:39:00 PM
From: Harold Engstrom  Read Replies (1) of 1686
 
Does anyone think the low volume this week is very abnormal? It is past 1pm and once again just over 100K shares have traded. Does anyone have any explanation for such light volume lately?

I agree that the CVT-124 press release does seem positive. I know Biogen is reluctant to put a positive spin on data since being sued over the Hirulog comments Jim Vincent made in 1994. The larger phaseIIb study should be in full swing this summer with results in the fall.
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