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Biotech / Medical : Nortran Pharmaceutical -NRT.V -- Ignore unavailable to you. Want to Upgrade?


To: SOROS who wrote (811)5/22/1998 3:24:00 AM
From: Ms. Forthright  Respond to of 1185
 
SOROS

I joined a large brokerage firm in a meeting with Nortran yesterday.

There is a lot to be enthusiastic about!

Bob Reider presents very well, his knowledge regarding the biotech industry is impressive. He is really a tremendous asset to Nortran.

At this point there are several projects in the pipeline:
The antiarrhythmics, atrial and ventricular, these are now well known.
Nociblockers.
Antitussive (cough suppressant). This was discovered serendipitously, as this particular compound has already passed clinical trials for another indication. I understand that it was essentially free of adverse effects. As you may be aware dextromethorphan and its competitors are not very effective, leaving this huge market wide open.
Local anesthetic. Better than lidocaine. Bread and butter stuff.
Dermal anesthetic. Big market, still early.
Proerectile/libido enhancement. Preclinical studies most impressive(no pun intended). Timing could not be better for licensing this compound. I expect this will be the next major accomplishment for Nortran. This is just my opinion, management would not comment about specifics.




To: SOROS who wrote (811)5/22/1998 11:50:00 AM
From: Edward W. Richmond  Respond to of 1185
 
Soros, I also like the information. It will take a long time to get any product approved and to market. However, I expect the ongoing signing of partnership agreements and milestone payments to add shareholder value.
In spite of the accusation, I know your post is not hype. I have chosen to ignore the accusations and deal with real issues.
Regards, Ed