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Biotech / Medical : Nortran Pharmaceutical -NRT.V

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To: David Culver who wrote (1003)	11/18/1998 12:40:00 AM
From: Ms. Forthright	Read Replies (1) of 1185

This is indeed good news! The arrangement with Roche I believe was limited to atrial fibrillation. This leaves venticular arrhythmia, in which Nortran has an advanced program. In my opinion it is good news for several reasons: 1. Astra is huge and clearly they know what they are doing. Excellent company to be in partnership with. 2. This provides validation of Nortran's approach and drug pipeline. 3. Potential for these compounds is huge, but so is the cost of bringing them to market. It is necessary to have the financial backing of a major pharma for cardiovascular agents. 4. With both Roche and Astra involved with similar drugs there may be an impetus to accelerate development programs and clinical trials.

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