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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Rocketman who wrote (6291)1/15/1999 9:15:00 PM
From: Biomaven  Read Replies (1) of 9719
 
Rman,

Well AIMM is trading at around cash, and they comfortably have enough to finish their big Phase III RA trial. So having satisfied the bean-counter requirements, the only remaining question is whether their stuff is going to work or not. <G>

I met their head honcho socially several years ago (before their trial went bust) and he pretty much convinced me that they were dealing with a real phenomenon. My hunch is that at best it'll end up working only for some subset of their subjects though, and this won't be enough either to satisfy the FDA or for the company to live long and prosper. I haven't looked at it for a few years though, so I'm not real up to date on what they've been doing.

Peter
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