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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Merritt who wrote (6315)1/17/1999 11:11:00 AM
From: Biomaven  Read Replies (1) | Respond to of 9719
 
Merrit,

Chiro is not being acquired by ZEN - they simply have a deal for Chirocaine, thrown into doubt by the potential Zeneca/Astra merger.
I bought a little on the weakness surrounding this issue.

The FDA advisory committee on Chirocaine was not as good as Chiro's press release would have you believe - I don't think they will get a significantly improved label - not enough data.

Chiro and CELG get to squabble about chiral Ritalin, which I believe will be a significant drug.

Peter