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


To: Beltropolis Boy who wrote (1172)11/2/1999 7:25:00 PM
From: Mark Bong  Respond to of 1686
 
Bad News and Good News

Good News: Jim Vincent says "In our research to date, we have seen early evidence of biological efficacy and activity across several indications. Based on our clinical experience so far, we believe that if we can safely block this pathway, the drug may have significant therapeutic benefit in important diseases. However, there is work that must be done before we can return to the clinic."

Bad News: Jim Vincent says "Biogen, Inc. today announced that it has halted the ongoing clinical trials of its anti-CD40 ligand monoclonal antibody until the Company has completed its review of issues relating to adverse events. The Company said it had taken this measure in the interests of patient safety and that one additional thrombo-embolic event had taken place since October 21.

Read the whole press release here.

biz.yahoo.com