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Biotech / Medical : NPSP NPS Pharmaceutical -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (43)12/23/1999 1:50:00 AM
From: scaram(o)uche  Respond to of 363
 
[ parking ]

Certain David Clark won't mind me posting this.......

Dear Mr. Harmon:
Thanks for the query. We will update the fact sheet on the web
site to
reflect post merger shares outstanding. In the meantime, NPS has
approximately
13.0 million shares outstanding and we have issued 6.5 million shares to
Allelix
shareholders for a post merger total of about 19.5 million shares
outstanding.
Another 1.0 million shares have been reserved for holders of Allelix
options,
warrants, and preferred stock.
I hope this is helpful. Please contact me again if you have
further
questions.

David Clark
VP, Corporate Communications and Business Development
NPS Pharmaceuticals, Inc.



To: scaram(o)uche who wrote (43)12/23/1999 12:22:00 PM
From: biowa  Read Replies (1) | Respond to of 363
 
Rick,

<<He must have warm and fuzzies about the Amgen trial>>

I've heard recent rumors that that may be the case. AMGN has been in PII trials for secondary HPT since 2Q98 and primary HPT since 3Q98 with the second-generation candidate; seems they should be due to wrap soon.

At the risk of sounding like a cheerleader, even at $7 there is huge upside over the next year. 2000 could be a big news year, especially in clinical progress. IMO, we could see:

HPT (secondary & primary) PII results

Osteoprosis ALX 1-11 PIII trial start (announced for 2Q00)

GI (short bowel syndrome) ALX 0600 PII results

Epilepsy (& perhaps bipolar) NPS 1776 additional PI results, partner and perhaps PII start

Stroke (& perhaps trauma) NPS 1506 perhaps partner and PII start?

Dementia ALE 26015 additional PI results and perhaps PII start

Migraine ALX 0646 perhaps PII start

AND on my christmas wish list:

Osteoporosis (w/ SKB) a calcilytic candidate and IND (pure spec.)

None of this is endorsed by NPSP or Allelix (other than ALX 1-11 PIII), and is purely speculation. With their announced annual burn rate goal of $10-12 million, unless some of the unpartnered programs are partnered I don't see how they will all progress. The status of 1506 in particular seems to be an uncertainty. In other words - for lurkers - this is a road map, DO YOUR DUE DILIGENCE.

And of course, there are several analysts on the tube today calling for a market correction of 20% in mid-January.

Here's to a Happy NPSP year,
biowa