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Biotech / Medical : Lidak Pharm. [LDAKA] -- Ignore unavailable to you. Want to Upgrade?


To: MCorbley who wrote (872)1/21/1998 4:45:00 PM
From: Red Dragon  Read Replies (1) | Respond to of 1115
 
Michael: I completely agree that earlier data from Phase I and II trials and small studies in Europe were stunningly successful, and of course that's why I invested with them many years ago. But as any battle-scarred biotech investor will attest, the field is littered with companies that had promising products in Phase I and Phase II, but died when all important Phase III data came out.

Of course, all of the phase III data has not been disclosed, but I think it's safe to say it's not a blockbuster.

Thanks for pointing out the Yahoo thread. I wonder why it's so much more active? Probably because it has better access to the public and it's free.