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


To: Claud B who wrote (6385)4/12/1999 3:07:00 PM
From: Diamondcutter  Read Replies (2) | Respond to of 7041
 
An edited (wouldn't want to run into any copyright issues, would we?) clip of the OpCo report that was distributed TODAY is below. Also, if Geller met with the company on April 6th, I would bet that major owners/customers of OpCo knew his conclusions well before today.

Diamondcutter

In the U.S., Zonagen filed NDA last July, assuring a July 1999 PDUFA date. Schering and Zonagen have had ongoing communication with the FDA since then. We feel that, given Viagra's safety profile, the agency will most likely call for a panel meeting to discuss Vasomax. We believe the companies have already completed further or additional drug interaction and special population studies that we expect the FDA to consider in its review of the drug (i.e. in patients taking nitrates). We believe these trials were successful.

The FDA urology panel meets in June and September. A September panel date is more realistic than June to ensure full data submission. We believe the safety profile of Vasomax compares favorably to Viagra and
the panel meeting will be positive. Approval should occur within 90 days of the PDUFA date, sometime in 4Q99.