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Biotech / Medical : CLTR COULTER PHARMACEUTICAL -- Ignore unavailable to you. Want to Upgrade?


To: Trey Yon who wrote (568)5/13/2000 6:04:00 PM
From: Vector1  Read Replies (1) | Respond to of 666
 
Trey,
Thanks. I am very much a fundamental long term investor. Sometimes to a fault. I can be very stubborn. CLTR is an example. I sold very few shares when the stock was in the 40s and had a feeling when the biotech correction started that CLTR was bound to follow. However, I continue to believe that Bexxar is an approvable drug with sales potential in excess of $400m. It is imo more efficacious that Rituxan and Zev and has fewer side effects than Zev. I am completely frustrated and bewildered by the company's inability to sucessfully file their BLA. Either the company is imcompetant in this area or the FDA has been criminally negligent in creating a bureaucratic nighmare for the company thereby keeping a life saving drug from sick patients. I would love to see the WSJ or some news magazine investigate.
I do not put any value in the patent claim against Zev. I think CLTR has blocking rights with respect to the use of a radiolabeled antibody for dosemitry. I do not beleive CLTR will prevail in an attempt to block Zev. However, I believe there is a good chance that Zev is not approvable. The stock should be bought because Bex is the best molecule avialable for low grade, transforming and intermediate NHL.

V1