PFE (Pfizer) How high will it go? Message Board

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Biotech / Medical : PFE (Pfizer) How high will it go?

PFE 25.07

-0.1%

Nov 17 3:59 PM EST

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To: B.REVERE who wrote (3947)	7/6/1998 11:26:00 AM
From: Frostman	Read Replies (1) of 9523

this from WSJ interactive:<<Pfizer Completes Phase I Trial Of Corvas Intl Stroke Therapy Dow Jones Newswires SAN DIEGO -- Pfizer Inc. (PFE) completed a Phase I clinical trial of an anti-inflammatory candidate for treating ischemic stroke that was discovered by Corvas International Inc. (CVAS). When the study began in February, Corvas received a $1-million milestone payment from Pfizer, which has exclusive rights to develop and make the therapeutic agent. In a press release Monday, Corvas said up to $24 million in potential milestone payments remain in the program. The biopharmaceutical company is also eligible to receive royalty payments on future sales of related products. The candidate, neutrophil inhibitory factor, has been shown to reduce collateral brain injury following a stroke in animal models.>> EOM

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