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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (13004)9/30/1999 5:00:00 PM
From: Bob  Read Replies (1) | Respond to of 57584
 
Rande: one of our old SAM's

SGDE & AMZN

biz.yahoo.com



To: Rande Is who wrote (13004)9/30/1999 5:49:00 PM
From: OpusX  Read Replies (1) | Respond to of 57584
 
CVTX
Rande,
I know that you have not been following biotechs on this thread too much but I was wondering if you or anyone else has thoughts on this co. and an upcoming seconday.
I bought the stock because they are developing a new class of drug for "angina" it changes the primary biochemical pathway that the heart uses to produce energy. Normally the heart burns glucose as it's main source of fuel. The new drug enables the heart to burn fatty acids instead. This, since it uses less ATP per unit of energy puts less of a workload on the heart thereby relieving the symptoms of CHF. It is the first new class of drug to treat this disease state in something like 20 years.

<<< Type of Offering: Follow-On Offering
Proposed Symbol: CVTX
Type of Security: Common Stock
Expected Size of Offering: 4,000,000
Expected Price Range: Set at time of pricing
Expected Pricing Date: 1999/10/05
Brief Description of
Offering Company: CV Therapeutics is a biopharmaceutical company engaged in the discovery and development of new small molecule drugs to treat cardiovascular disease, the leading cause of death in the United States.
Lead Manager: Donaldson, Lufkin & Jenrette
the symptoms of CHF.>>>
Would this lead to a dilution for shareholders, or could it be a good thing since it obviously would procure more funds for R&D?
Thanks,
Robert