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Biotech / Medical : Sepracor-Looks very promising

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To: Ed Ajootian who wrote (1713)2/9/1999 7:49:00 PM
From: Epicenter  Read Replies (1) of 10280
 
Dear Ed:

This is what I could gather from the team of Tim Barberich, David Southwell and Paul Rubin today at the ML conference:

1) No timetable was specifically mentioned for Allegra interference case. TB said that he thought that most analysts had already factored this in in their estimates anyway.

2) NDA for Xopenex and final approval. TB mentioned "first half" of this year in his talk. In answer to the audience, final labelling still pending but should include better side effects profile etc., in his opinion.

3) Formeterol--Expected NDA--2000/2001 (DS)

4) Possible acquisition funded by stocks? Possible (DS)

5) Stock splits? Possible, has been a topic of discussion but nothing definitive (DS)

6) Unlikely to pursue Epilepsy, PD for now. Enough to do otherwise.

I also found out that they are heavily into setting up large combinatorial chemistry library for screening for NCE's for the present and the future. No specific NCE's were mentioned that can definitively go into IND in the near future.

Epicenter
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