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Biotech / Medical : Cor Therapeutics Inc. (CORR)

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To: Robert Mayo who wrote (320)1/13/1999 4:41:00 PM
From: aknahow  Read Replies (3) of 712
 
More news, agreement to screen 5 compounds for potential development.

biz.yahoo.com

ALSO from splendid article by Eisinger at thestreet.com

Cor's Kailian was similarly forgetful. Cor's drug Integrilin, a
competitor to market dominant ReoPro, has had a severely
disappointing launch. That could explain Kailian's lengthy treatment
of the dynamics of heart-attack care, to the exclusion of detail and
projections about Cor's financials. The CEO did say Integrilin has
reached a rate of around $700,000 in sales a week, which is rising.
The Street's expectation is that the company will report $10 million
in sales for the most recent quarter, and it should hit that. But are
expectations still too high for this year? Many investors think so.

In other parts of the conference article he mentions Cor's presentation as boring, in that a lot of it was devoted to how one treats someone having a heart attack. Remember they over used this educitation them IMO in their annual report also.

BTW don't get upset with the Eisinger comments. This is the sort of stuff I like to see and I hope management pays attention to.
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