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Biotech / Medical : Zonagen (zona) - good buy?

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To: Linda Kaplan who wrote (6495)5/8/1999 12:04:00 AM
From: VLAD  Read Replies (1) of 7041
 
FWIW,

I just spoke to a friend that claims:

1)the FDA one week ago told SGP that it needed to provide some important safety data regarding Vasomax and unless the information was not received in 2 weeks, consideration for approval would be pushed forward by one year.

2)As of today the FDA has still not received the information.

3)Apparently the FDA was not impressed with the difference between the success rate of placebo vs Vasomax and seeing that the difference was only 13% they are seriously going to scrutinize the safety data. Also, consider the fact that the FDA is still in the hot seat regarding the Viagra safety issues.

I do not know if any of this information is fact or just unsubstantiated rumor. But if it is fact and SGP doesn't cough up the requested safety data and the FDA requires more clinical studies to determine safety issues, IMO we will see single digits REAL fast.

Has any body heard any information related to this?
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