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Biotech / Medical : Neurobiological Tech (NTII)
NTII 0.00010000.0%Mar 7 3:00 PM EST

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To: Dr. John M. de Castro who wrote (481)4/9/1999 7:32:00 AM
From: Dr. John M. de Castro  Read Replies (1) of 1494
 
Diabetic Peripheral Neuropathy Competitor Fails
NTII's memantine now has one less competitor for this huge market.

Friday April 9, 3:06 am Eastern Time
Genentech Phase 3 trial fails to meet goals
SAN FRANCISCO, Calif., April 9 (Reuters) - Genentech Inc. said Friday the Phase III clinical trial of its recombinant human nerve growth factor for use in treating patients with diabetic peripheral neuropathy did not meet its objectives. The biotechnology firm said in a statement that it did not intend to file a biologics license application with the U.S. Food and Drug Administration.

John de C
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