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Microcap & Penny Stocks : KCAP - Key Capital Corporation -- Ignore unavailable to you. Want to Upgrade?


To: seminole who wrote (17)6/15/1998 7:37:00 PM
From: ACC  Read Replies (2) | Respond to of 459
 
<<Something is not right here.
Those Phase I references are very old. >>

richard,

i absolutely agree with you... i posted those references because i agreed with Your Highness' cautionary comments:
Message 4849387

The text of the 504 was rather vague about details not of the offering, but of the science behind the offering.
I used the Entrez browser- www3.ncbi.nlm.nih.gov
to try to track down any info about the scientist driving CRS (RW Urban) and/or the product "NPP5".

It is possible I missed some later Phase 1 data, but i don't think so... if you search under "ImuVert" there are recent citations, mostly researchers looking at the immunomodulatory effects, but nothing more recent regarding clinical trials. There is a reference in a nursing journal that mentions a Phase II - I haven't pulled the article to see if the authors actually cite any reference to that trial. As for Dr. Urban's publications, the phase I trial he appears to be involved in indeed was published in 1992. So... draw your conclusions.

Furthermore, ImuVert appears to be a liposomal preparation from bacteria (Gram negative Serratia, FWIW)... so basically, it nonspecifically turns up the immune response.

It might work... although I'm partial to the anti-angiogenic approach, which also remains to be proven, but just seems more elegant - I just lucked out. If a hapless reporter hadn't cornered Watson over hors d'oeuvres, ENMD would still be parked at 8-15/share, which is where it probably (unfortunately) will wind up. When? I haven't a clue.

So, after a very long-winded reply, I agree with zgoodman that ENMD is overvalued. KCAP/CRS may very well be undervalued, but I would be more comfortable taking the leap if there were more data published, or some additional investigational drugs in development.

IMHO

ACC