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Biotech / Medical : Nortran Pharmaceutical -NRT.V

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To: David Culver who wrote (1070)4/21/1999 11:10:00 PM
From: Charles Salski  Read Replies (1) of 1185
 
Hi David,

Copied this from another chat group

stockhouse.com

Symbol: V.NRT
Last Trade: 0.950 (-0.040)
Nortran Pharmaceuticals Inc.

Posted By Subject PostTime (EST) Post ID
harbin2 Hoffman-Roche 4/16/99 / 11:27:02 AM 230441
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The reason Hoffman didn't exercise their option on the 3 anti-arrythmic compounds by the end of March is because they are now considering licencing Nortran's entire anti-arrythmic program which I believe numbers around three hundred compounds. How long the negotiations will take on this one is anyone's guess. These pharmaceutical giants move at glacial speed, but apparently they are very interested. Just because the stock price is sagging doesn't mean the news is bad, people are just impatient which is understandable.

Any comments anyone???

Regards,
Charles
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