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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (10864)2/12/1999 9:04:00 AM
From: Lee Walsh  Read Replies (1) | Respond to of 122088
 
Anthony,

ENMD -- Incredible
Looks like you're 74 for 74

Of course spoos down and looking like a bad day doesn't hurt either.

Have to be impressed

Lee



To: Anthony@Pacific who wrote (10864)2/12/1999 9:08:00 AM
From: Billsig  Read Replies (2) | Respond to of 122088
 
ENMD It's dropping! Where's the GGGAAAAAPPPPPP up of course??? Now i have to pay more for the puts. LOL

Anthony u da man!



To: Anthony@Pacific who wrote (10864)2/12/1999 9:11:00 AM
From: rodney beasley  Respond to of 122088
 
A@P SRCM?????????????



To: Anthony@Pacific who wrote (10864)2/12/1999 9:15:00 AM
From: Doorman  Read Replies (1) | Respond to of 122088
 
Anthony here's today's NY Times article - pretty balanced. Note the second to last paragraph that says the results that had the stock fly to 85 due to the NY Times article last May, were achieved when BOTH proteins were combined...LOL

Scientists Say They Confirm Tests on Cancer Drugs

By DENISE GRADY

cientists at the National Cancer Institute say they have finally duplicated some of the extraordinary
experiments performed by Dr. Judah Folkman, who reported in 1997 that his research team at
Harvard had destroyed cancerous tumors in mice by giving the animals drugs that cut off the tumors'
blood supply.

The confirmation of Dr. Folkman's results, first reported Thursday by The Boston Globe, is a turnabout
by the institute and comes less than three months after scientists there said publicly that they could not
reproduce Dr. Folkman's work. His research had generated intense interest among other scientists, and
hope among the public as well, particularly after it was described in a front-page article in The New
York Times in May.

But the complaints that government scientists could not match Dr. Folkman's discoveries cast doubt on
the findings; it is a basic rule of science that no experiment is trusted unless it can be reproduced by
other researchers.

Now, reassured by its recent successes, the institute has begun planning the first tests in people of one of
the drugs developed by Dr. Folkman and his colleagues, endostatin. This week the institute invited
medical centers to design experiments to test the drug in cancer patients. The studies are expected to
begin late this year.

But officials at the institute emphasized today that the studies would include only a small number of
patients and would be the most basic type of study done in people, known as a Phase I trial. Such studies
are designed primarily to test whether a drug is safe for people, not whether it is effective.

Dr. James M. Pluda, a senior clinical investigator at the cancer institute, said the studies would accept
only people with solid tumors, meaning cancers of the colon, breast and other organs. Patients with
leukemia and other cancers affecting the blood will be excluded.

He also cautioned, as Dr. Folkman and others have, that successful tests in mice are no guarantee that
drugs will work in people. "Lots of drugs have had great activity in mice and then have not worked in
people," Dr. Pluda said. "It's very premature to extrapolate from mouse data that this drug will have the
same activity in people that the mouse version had in mice in Folkman's lab. We need careful clinical
trials to evaluate whether this drug will have any activity at all."

When government researchers first tried to reproduce Dr. Folkman's results, they found that mouse
endostatin slowed the growth of tumors only slightly.

So the cancer institute and Dr. Folkman agreed that institute scientists should visit his laboratory at
Children's Hospital in Boston and learn his techniques for dealing with the substances, which are
extremely difficult to manufacture, transport, store and handle.

The other substance developed by Dr. Folkman and his colleagues is called angiostatin. Both endostatin
and angiostatin work against tumor blood vessels. Children's Hospital has made agreements with
Entremed, a small biotechnology company in Maryland, to work with both.

In turn, Entremed made an agreement with the Bristol-Myers Squibb Company to develop angiostatin,
but on Tuesday Bristol-Myers announced it was suspending the deal because of its concerns over
whether it would be possible to make enough angiostatin to test it in people.

Entremed's stock price, which tumbled on that news, regained the lost ground yesterday, after the
cancer institute's action was reported.

Mary Sundeen, a spokeswoman for Entremed, said it had contracted with Covance Biotechnology
Services Inc. of Research Triangle Park, N.C., to produce large quantities of the drug. Ms. Sundeen said
it would make two pounds of endostatin, more than enough for a Phase I study, in time for the trials to
begin.

Ms. Sundeen also said Entremed expected to be able to manufacture angiostatin as well, and hoped to
be ready before the end of this year to seek approval for testing it in humans. A spokesman for
Bristol-Myers Squibb said the company might resume its involvement with angiostatin if Entremed
could develop a reliable manufacturing process and make a form of angiostatin that proved safe and
effective.

Angiostatin is more difficult to make than endostatin. So far, it seems that endostatin is the more
powerful drug against tumors. But the best results in the tests on mice were achieved when the drugs
were combined.

For cancer institute scientists, the next step will be to do the same experiments at the Bethesda, Md.,
laboratories, with endostatin made in Boston by Dr. Folkman's team and with a version made at
government laboratories.



To: Anthony@Pacific who wrote (10864)2/12/1999 9:19:00 AM
From: Doorman  Read Replies (1) | Respond to of 122088
 
Anthony - do you have a target where you would put more short money into SATH? TIA



To: Anthony@Pacific who wrote (10864)2/12/1999 9:21:00 AM
From: Art M  Read Replies (1) | Respond to of 122088
 
AP - ENMD - amazing call. Especially after that 2+ point runup in the last 30 minutes. What was that runup anyway MMs scaring shorts or what?

And I welcome Gorcon back to the thread.

Thanks,

Art