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Biotech / Medical : AMLN (DIABETES DRUGS) -- Ignore unavailable to you. Want to Upgrade?


To: wolfdog2 who wrote (1495)10/22/1998 9:28:00 AM
From: christopher  Read Replies (1) | Respond to of 2173
 
Anergen (ANRG) was a good example of a dead cat bounce last week...



To: wolfdog2 who wrote (1495)10/22/1998 8:59:00 PM
From: arnie h  Read Replies (1) | Respond to of 2173
 
Jerry: Here's a company that spent several hundred million dollars on research and is now worth about $15M at today's price. Is it possible these folks don't know how to do clinical trials and someone who does might find value in their scientific estate? The price seems right,if so. Anybody have a feel for whether there is any value to their science and proprietary technology? As I recall they have some 20 or so issued patents.

The nausea and other side effects found in the phase 3 studies were not mentioned in the phase 2 results which is one of the things that prompts the above question.

There's an old saying that "some days you get the bear and other days the bear gets you". The bear won on this one.

Arnie