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Biotech / Medical : Micrologix biotech -- Ignore unavailable to you. Want to Upgrade?


To: Larry G. who wrote (539)8/21/1999 4:33:00 AM
From: Graham Dellaire  Read Replies (2) | Respond to of 792
 
CDC Reports on Drug-Resistant Staph
01:10 AM ET 08/20/99

CDC Reports on Drug-Resistant Staph
ATLANTA (AP) _ Federal health officials have confirmed the
deaths of four Midwestern children linked to drug-resistant staph
infections they acquired outside a hospital setting.
Drug-resistant staph was once largely confined to hospitals and
nursing homes, but the children's deaths in Minnesota and North
Dakota show it may be spreading to communities, the Centers for
Disease Control and Prevention said Thursday.
''These are the first deaths we're aware of that have appeared
in the United States and in medical literature,'' said Dr. J. Todd
Weber of the CDC's National Center for Infectious Diseases. ''How
rare or how common it is, we don't know yet.''
The children, ages 1 to 13, acquired methicillin-resistant
staphylococcus aureus infections between 1997 and 1999. None of the
children had been recently hospitalized before their deaths, the
CDC said.
Staph bacteria are the No. 1 cause of hospital-acquired
infections in the United States, blamed for 13 percent of the 2
million hospital infections annually.
Half of staph bacteria infections contracted by hospital
patients in 1997 were resistant to a large class of antibiotics, up
from 1974, when only 2 percent were drug-resistant, the CDC said.
Doctors recently have seen an increase in drug-resistant
infections acquired outside of hospitals although CDC researchers
said they don't know yet to what extent.
''The resistant bacteria have been around 30 years but these
four cases suggest it may be getting into the general population,''
said Dr. Timothy Naimi, a medical epidemiologists with the CDC.



To: Larry G. who wrote (539)8/21/1999 11:48:00 AM
From: Carter Berezay  Read Replies (1) | Respond to of 792
 
Larry, Pete's comments are very valid. To a bystander a high salary and bonus always look bad on the surface.

I know nothing about biotech salary levels but I do think management leaders should be compensated well for their efforts. The proof is in the pudding. Dany did orchestrate that last financing! Now it is up to Dany to lead MBI forward. He has put together a financing that will give MBI some breathing room for the forseeable future.

It may look that they gave up a lot of shares for now but having been in similar situations I've learned it is best to take the money when it's available. Dany did just that.

From what I hear MBI is going to have 4 drugs in Phase trials over the next 6 months - 226, acne, eye and an unspecified indication.

When you think of it perhaps $15 million may not be too excessive. MBi will need a partner for all or some of their drugs soon enough.

If 226 is as good as the trials indicate, MBI will get more for it in a partnership agreement (royalty-wise)once the next Phases are more advanced. Time to keep the momentum going! I expect a Phase II announcement from MBI within a very short time.

The other drug candidates? Time will tell. It's show-time!!!!!!

Carter B.