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Biotech / Medical : Aronex Pharma (ARNX) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Floyd who wrote (72)4/17/1998 11:56:00 PM
From: JMarcus  Read Replies (1) | Respond to of 320
 
Received the following response from Connie Stout concerning the reason Aronex now expects results from the Zintevir trial in late 1998 (their Web page had said first half of 1998):

"The delay is being caused due to slow patient enrollment. It is
difficult to ask a patient on cocktail therapy to stop taking all
medications and participate a new clinical trial. As a result, we are
enrolling patients who for one reason or another are finding difficulty
in the products available and are in need of a new medication."

Re Atragen:

"The Company anticipates
completion of the pivotal Phase II trial in 1998 with the filing of an
ATRAGEN New Drug Application for APL. Although the KS Phase II trial
data was promising, we will not be focusing on that indication for
future development. Our focus will be on other hematological
indications such as AML and solid tumors such as prostate, non-Hodgkin's
lymphoma, bladder, and head and neck."

Phase 2 results for Annamycin:

"Late 1998."

Nyotran Phase 3 trials: (Web site says "complete in 1998."):

"Our Phase III clinical trials are moving
along as anticipated. They are expected to conclude at year end."

AR102:

"No, there is no
partnering activity to date."

AR726 and AR209:

"Nothing to talk about at this time."

It doesn't look like there will be much happening to move this stock before late in the year. Is there any reason to buy it before, say, August?