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Biotech / Medical : Agouron Pharmaceuticals (AGPH) -- Ignore unavailable to you. Want to Upgrade?


To: Steve Fancy who wrote (4472)6/12/1998 2:28:00 AM
From: scaram(o)uche  Respond to of 6136
 
Apparently there was "huffing, puffing, blow the house down" at the the IMNR annual meeting. This post is from Yahoo......

Items
BuySDBio
(M/San Diego)
Jun 12 1998
1:41AM EDT

The following questions were asked after Dr. Carlo's presentation. (Not verbatim.)
Since the DSMB extended the Phase III Remune trials is there any chance of receiving an early approval?
Dr. Carlo answered, In the early 1990's alot of people thought immune based therapies were going to be the
cure for Aids. At that time there was very little concrete data to back -up that opinion and consequently the
attention was turned to anti-viral drugs. When the wave of hope turned to the anti-virals they were quickly
brought to market.
With the data we have now which will be presented at the Geneva conference the attention could move back to
immune based therapies.
(snip)

Between this and the Johnson's statement today in the release, you'd think that somebody at IMNR will be able to WALK to Geneva.... without sinking. :-)

Can't wait!

Rick



To: Steve Fancy who wrote (4472)6/12/1998 7:18:00 AM
From: sam  Read Replies (1) | Respond to of 6136
 
From the Wall Street Journal (p. B6):
"Remune could help Agouron build 'critical mass,' in the AIDS market, said Tony Butler, an analyst at Lehman Brothers Inc. There is also the possibility that a Remune drug cocktail might encourage HIV-infected patients to begin drug therapy sooner. That, in turn, could boost sales of Viracept and other antiviral drugs."



To: Steve Fancy who wrote (4472)6/12/1998 12:13:00 PM
From: Steve Fancy  Respond to of 6136
 
RESEARCH ALERT - Agouron (NASDAQ:AGPH) raised to buy

Reuters, Friday, June 12, 1998 at 12:06

NEW YORK, June 12 (Reuters) - BT Alex. Brown analysts Kevin
Tang and Patrick Cheng raised their rating for Agouron
Pharmaceuticals Inc. Friday to buy from market perform.
-- In a report, they said a deal between Agouron and Immune
Response Corp. (NASDAQ:IMNR) would help Agouron. The agreement calls
for collaboration on developing and commercializing Remune,
Immune Response's drug for HIV infection.
-- "We believe that Agouron negotiated a deal that
represents a good risk/reward profile for its shareholders."
-- They set a new 12-month price target of $48 for the
stock. Agouron was up 3/16 to 33-15/16 and Immune Response fell
8/16 to 13-3/16.

Copyright 1998, Reuters News Service

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