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Biotech / Medical : Cadus Pharmaceutical Corp. (KDUS) -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (1100)7/10/2003 6:18:56 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 1833
 
In addition, Solvay’s novel selective A1-adenosine antagonist SLV320 is approaching clinical trials for Acute Congestive Heart Failure.

solvaypharmaceuticals.com

(but it was in phase I in January).........

solvaypharmaceuticals.com



To: scaram(o)uche who wrote (1100)7/13/2003 7:02:13 PM
From: scaram(o)uche  Read Replies (2) | Respond to of 1833
 
I called and left a message at 212-702-4367 for Ms. Paige. I asked if SLV320 was one of the molecules that could trigger milestone payments.



To: scaram(o)uche who wrote (1100)7/13/2003 7:41:49 PM
From: scaram(o)uche  Respond to of 1833
 
And note that Solvay lists "Congestive Heart Failure and Renal Failure" as the potential indications for SLV320. Until now, we've only heard of CHF from OSI.

Let's conservatively estimate $400M in sales for a GOOD drug, addressing the CHF market.

I never saw guidance lower than 2% for the royalty. The first guidance that I got -- if I remember correctly -- was 4-6%.

2% would be $8M/year. 4% would be $16M/year.

Again, whatever Icahn, Paige et al. want to do with Cadus, I certainly hope that shareholders will be able to retain a full interest in Cadus Technologies.

So, the precise question..... is SLV320 the same as OSIC-0961370.......

RESEARCH AND DEVELOPMENT PIPELINE

The following table summarizes the status of our more advanced product
candidates as of November 30, 2001 and identifies any related collaborator.

<Table>
<Caption>
DISEASE AREA/PRODUCT DRUG TYPE STATUS(a) COLLABORATOR
-------------------- --------- --------- ------------
<S> <C> <C> <C>
Cancer
Tarceva(TM) Epidermal growth factor receptor Phase III Genentech/Roche
inhibitor
NX211 Liposomal lurtotecan Phase II OSI-Owned(b)
GS7836 Gemzar(R) analog Phase I OSI-Owned(b)
CP-609,754 Farnesyl transferase inhibitor Phase I OSI-Owned
CP-632 Vascular endothelial growth factor Phase I Pfizer
receptor
GS7904L Liposomal thymidycate Phase I OSI-Owned(b)
CP-XXX HER2-neu IND Track Pfizer
CP-XXX PDGFr IND Track Pfizer
Respiratory/Asthma
OSI-760 Adenosine A(1) receptor inhibitor IND Track OSI-Owned
AVE0309 Interleukin-4 gene expression IND Track Aventis
inhibitor
Cholesterol Lowering
HMR 1171/ Low density lipoprotein receptor IND Track Aventis
AVE 9103A gene expression stimulator
Congestive Heart Failure
OSIC-0961370 Adenosine A(1) receptor inhibitor IND Track Solvay
AVE9488 EcNOS gene expression inhibitor IND Track Aventis
</Table>