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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (1959)10/11/2007 2:58:51 PM
From: Jibacoa  Read Replies (2) | Respond to of 3722
 
NPSP tanked today after reporting results of its PIII on patients with SBS.

bigcharts.marketwatch.com

46% of patients receiving the lower dose of GATTEX responded and achieved an statistically significant reduction in PN compared to placebo (p=0.007), but 25% of patients that received the higher dose didn't reach statistical significant results.<g>

However,in view of the results with the lower dose & the drug's orphan designation in SBS, NPSP plans to meet with the FDA "to discuss the path to regulatory approval for GATTEX".<g>

The stock tried to rally some after the initial DG, but it seems that it will close near its intraday Ls, albeit probably above its Aug 16 L of 3.58

bigcharts.marketwatch.com

Bernard