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Biotech / Medical : Aviron
AVIR 3.260+0.3%Nov 7 9:30 AM EST

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To: mauser96 who wrote (354)9/2/1998 5:07:00 PM
From: Arthur Radley  Read Replies (1) of 645
 
Excellent description of the issue at hand. With this novel delivery system, I guess we should have expected that the FDA would make sure of the purity of the manufacturing process. Again, and if I'm wrong please correct me, the current plant manufacturing this drug for AVIR is located in Europe. Not to say that Europeans would not have safety concerns, it behooves the FDA to make sure that any drug with this much potential of use, would be extra cautious in the manufacturing approval process that is part of any NDA application.

Normally I would say this is a once in a life time buying opportunity for a new drug with great potential, but the overall market conditions give me pause. Hard to believe that AVIR is down nearly 2/3rds in the past few weeks.
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