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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?

To: Dauntless who wrote (6154)	1/24/1999 5:33:00 PM
From: VLAD	Read Replies (1) \| Respond to of 7041

After sinking all this time and money into Vasomax, SGP feels that most of its initial investment can be recovered via initial sales in new markets to be launched. The placebo effect is in essence what they are banking on. It would be financial suicide at this point to withdraw their launches as they have a contract with Zonagen and they will make money intitially on Vasomax during its release. We all(except you) know that once the product is on the market in any given country for an extended period of time (>6months) it will prove to be marginal at best in its success but considering that a sugar pill would have marginal success its not saying much. When will you realize that this really is not an effective oral drug and will be no competition for Viagra especially when it costs the same amount of money?

To: Dauntless who wrote (6154)	1/25/1999 9:07:00 AM
From: Hank	Read Replies (1) \| Respond to of 7041

"How are you going to explain the continued investment by SGP in the filings for approvals and commercial launches around the world?" Duh, maybe because they signed a legally binding contract with ZONA to make milestone payments and file for approval around the world in the very beginning before they realized they'd made a mistake? Once they make the commitment, they have to follow through to justify the expense whether they think the drug will make them money or not. If it doesn't work out, they take a corporate tax write off. Duh.