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Biotech / Medical : Pharmos (PARS)
PARS 2.700+13.6%Jan 21 4:00 PM EST

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To: Tony van Werkhooven who wrote (601)3/4/1999 6:03:00 PM
From: Dr. John M. de Castro  Read Replies (2) of 1386
 
This is a rather remarkable statement in the Q4 release.

"The Company is also gearing up for Phase III trials in the US and Europe for dexanabinol, its lead compound for neurological diseases and disorders."

Would they be doing this without a partner? I interpret "gearing up" to mean designing the trial, talking with the FDA about the design and end points, finding clinical sites, etc. I can't imagine PARS doing this without the close concurrence of a partner. It wouldn't make any sense to be going forward without the close participation of a partner in the planning. This suggests to me that an agreement may be a lot closer than many of us thought.

But, then this may simply be wishful thinking on my part :-)

John de C
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