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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: Mark Bartlett who wrote (13187)12/11/2003 1:56:23 AM
From: jef saunders  Read Replies (1) | Respond to of 14101
 
the problem with WF-10 is that it is a lab drug, not in the market. it's on the "back burner" at dimethaid, money is being spent on marketing pennsaid, not finishing WF-10.
so it's safe to say WF-10 will not be coming out in 2003, nor 2004, nor 2005, and 2006 i'm starting to wonder about.
i was very excited when dmx finished the WF-10 phase 3
trial. but now WF-10 is doomed to be in purgatory. when i saw dmx raise $10 million with the warrants, i was hoping that money would be used to complete WF-10. but it is not.
it's all going to marketing Pennsaid. if i had cancer i'd go to Pugen right away. i hate to say that i wish dmx would dilute the stock or issue bonds to finish WF-10 but i do wish they would do whatever it takes for completion, instead of WF-10 sitting in limbo land. when will Pennsaid sales be big enough to fund WF-10 ? not 2004, i don't think in 2005 either. bums me out.

jefS