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Biotech / Medical : SCIO Scios Inc.
SCIO 0.010000.0%Aug 19 5:00 PM EST

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To: BRAVEHEART who wrote (964)1/11/1999 6:36:00 PM
From: ubrx  Read Replies (1) of 1477
 
LoneWolf,
Take a look at the company website sciosinc.com Click on investor relations and read all the press releases from the last two years. Natrecor is the product that comes before the FDA Cardiology Committee later this month. A positive recommendation will likely lead to approval within a short time. Bayer is the marketing partner on Natrecor. Scios will receive a 20 million dollar milestone payment upon FDA approval. Scios should gross about 30% in royalties on Natrecor sales. The size of the market is the subject of much debate. I have heard projections of 100-500 million per year depending on who is predicting.
Short term everything depends on the Cardiology committee. Anything less than a recommendation for approval will crash the stock.

Good Luck,
Jim

BTW, the Yahoo thread for SCIO is more active than this one and worth looking at.
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