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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?


To: aknahow who wrote (8566)2/1/1999 3:55:00 PM
From: Bluegreen  Read Replies (2) | Respond to of 17367
 
George, do you think this last offering was done as part of anticipating approval of Neuprex? How many batches of Neuprex can you make for 12 million?
FROM THE COMPANY:>>>>>>>Do you have an estimated date that the Neuprex(tm) data will go to the FDA for final review? (6/98)
The meningococcemia Phase III trial is scheduled to complete enrollment at the end of 1998. The earliest we will know results is after the 90-day follow-up period. Assuming the data are positive, we would complete the BLA (Biologics License Application) filing to FDA most likely by midyear.
Once you apply, how long will it take the FDA to approve? (6/98)
A rare and frequently fatal children's disease will probably receive close FDA attention. We will continue to pursue available fast-track options with FDA and European agencies.<<<<<<<<<<<<<<<
As you see from above Xoma says "probably will receive close FDA attention". What does that mean George? How is the 12 million tied into all of this and how come Peter Davis picked august, 1999 in regard to the offering? Does he expect something positive by then? STAY TUNED! DON'T TOUCH THAT DIAL! AS THE STOMACH TURNS!



To: aknahow who wrote (8566)2/1/1999 4:47:00 PM
From: opalapril  Respond to of 17367
 
I realize no one can force me to buy rights, of course. My point is simply that if very many people feel about Xoma as I do, which is to say making do with what Xoma shares we have but sure as hell not willing to buy more, then even you, Robert, and Tharos couldn't buy up all the rights Xoma would need to sell to raise the required cash.

It was just an incidental observation. If there is any point I suppose it is the same one I made the other day: Xoma has pretty well worn out my good natured patience meter. Fool me once, shame on you. Fool me four hundred and seventy-six times and I finally wake up.