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


To: Perry who wrote (2061)6/29/1998 4:18:00 PM
From: JMarcus  Respond to of 4676
 
Friday's Daily Interpreter of Westergaard Abella BioMedtech Online predicted Advisory Committee disapproval of Formivirsen, primarily because ISIP's stock price had been in a downward trend and market behavior prior to an FDA decision is highly predictive of what that decision will be.

westergaard.com:8080/Med/MEDPE/1998/weekof98062226/fri.htm

If today's resurgence in ISIP's stock price continues, Abella will have to reverse his prediction. I hope so. I'm not long ISIP, but I am long two other antisense companies: GNTA and HYBN. The verdict on Formivirsen is likely to have repercussions for them as well.