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To: Skeeter Bug who wrote (129282)7/28/2001 5:51:59 PM
From: H James Morris  Respond to of 164684
 
What's wrong with vertical?
Btw
Icos IPO'd at 8. If you don't trust me on that then just ask Bill Gates.:O)
siliconinvestor.com
>SEATTLE _ Bothell-based Icos reported increased revenue, a narrower loss and progress on its products in addition to Cialis, its looming challenger to Viagra in treatment of impotence.
The biotechnology company reported a second-quarter loss of $5.3 million, or 10 cents a share, down 36.2 percent from a loss of $8.3 million, or 18 cents a share, in the same quarter a year ago. Its revenue for the quarter ended June 30 was up 73.2 percent to $34 million from $19.6 million, boosted by a $15 million licensing fee it received from Eli Lilly for filing its Cialis application with the Food and Drug Administration (FDA).

It was a busy quarter for Icos. In the last three months, the company filed its first application with the FDA and with European regulators. Icos also is bracing for a marketing war with Pfizer's Viagra, and it has enrolled patients in clinical trials for Pafase, its treatment for severe sepsis, and for sitaxsentan, its treatment for pulmonary hypertension.