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Biotech / Medical : Depotech(depo) -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (836)10/12/1998 8:35:00 AM
From: Dr. John M. de Castro  Read Replies (1) | Respond to of 887
 
John, The referenced press release gives an explanation

biz.yahoo.com

In essence, the FDA turned them down for the NM from solid tumor indication. But, they have now left the door open for approval for the NM from lymphoma indication.

IMHO: approval will be forthcoming. But, remember, I predicted that DepoCyt would be approved for solid tumors.

NM from lymphomas is a very small subject population. Even if DepoCyt is used off label, I wouldn't expect a substantial amount of revenue generated. But, the FDA approval would be a major landmark in that it would immediately legitimize the DepoFoam platform. That could have a major impact on the stock price.

John de C