CMTR-CHEMTRAK FDA OK Message Board

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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: warren kaplan who wrote (491)	3/13/1997 10:10:00 AM
From: William Presti	of 1172

If the FDA has it in for Chemtrak (which I seriously doubt) why then did they not drag their heels on the H.Pylori approvals we saw in both 1996 and 1997. And on what do you base your prediction that Astra-Merck will bail after fulfilling its contract? We have no reason to believe as much. Lastly, you mentioned about the company having serious problems, starting with Chairman Singh. That may have been somewhat true in the past only because he was in need of a true management team to take the company beyond R&D. Now they have one. So, I beg to differ with most of your comments. There is lots about CMTR which make it an attractive, albeit longterm, investment. Aside from that, would anyone care to discuss how recent developments in the cholesterol-reducing drug arena could impact Cholestrak sales. Would be nice to see them team up with one of these drug companies in a mutually beneficial effort. Bill

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