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Biotech / Medical : NYMXF Alzheimer's treatment! -- Ignore unavailable to you. Want to Upgrade?


To: tommysdad who wrote (117)8/6/1998 9:45:00 PM
From: Demetre Deliyanakis  Read Replies (2) | Respond to of 132
 
The drug is still several years away from development. The company will require several hundred millions to develop the drug. Thus it will need a partner like Merck.

The report does not mention that outside independent parties have reviewed the research.

I will wait until the results are reviewed by independent medical experts before I get too excited.

I am still very concerned that the company did not proceed with the equity offering. I hope it wasn't because the brokerage firm could not persuade anyone to buy the shares.