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Biotech / Medical : AMLN (DIABETES DRUGS)
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To: Rudy Saucillo who wrote (1439)7/31/1998 2:10:00 PM
From: wolfdog2  Read Replies (1) of 2173
 
Rudy, I think you are exagerating the negatives. Fact is that one P3 trial came a cropper. There were lots of large trials previous. All of them showed that the drug worked. The trial that failed had been poorly designed. For that you can blame the company. But I don't think it makes much sense to dismiss the Pramlintide based on one poorly designed trial.

The private financing was absolutely necessary in order for AMLN to move forward. No one wants to negotiate with a large pharma while they are running out of cash. Thus, the cash not only will enable them to proceed with the trials, but to negotiate from a somewhat stronger position.

If the future of Pramlintide were as negative as you make it, I doubt that anyone would have put good money into AMLIN at this point.

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