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Microcap & Penny Stocks
Pharmos(PARS)
An SI Board Since November 1996
Posts SubjectMarks Bans Symbol
1491 8 0 PARS
Emcee:  Type:  Unmoderated
Nasdaq Small Caps (PARS)
Current price $1.31
52 week price range $2.875-$1.125
Shares outstanding 29,000,000
Institutions owns 16%

Pharmos is a Florida-based bio-tech company that develops topically-applied ophthalmic drugs. Pharmos has filed a New Drug Application (NDA) for its leading drug Lotemax. Lotemax is a drug that treats acute eye inflammation due to irritation and infection. The company expects the FDA to approve it by the second quarter of 97'.
Also the company also expects to file an NDA for Lotemax-LEA( a low dose formulation of Lotemax that will be use as a treatment for chronic allergic cnjuctivitis) by the first quater of 97' and expects it to get approved by 1Q of 98'. Bausch and Lomb will market both Lotemax products in the U.S. and pay Pharmos 30% of net sales. Lotemax will compete with several ophthalmic steroid, but its superior side effect profile should enable it to capture a 30% share of the $100million market in the U.S. They also have signed a letter intent with Bausch and Lomb for overseas marketing rights. The combined market for the Lotemax products is $200million.
Pharmos is also developing a drug called Dexananbinal that is intended to prevent brain damage following head trauma or stroke. It works like this. It crosses the so-called blood-brain barrier that prevents foreign molocules from entering the brain. And once in, the drug halts the brain-cell deterioration that follows a blow to the head or a stroke. They are entering a billion doller market with this drug. Currently it's in Phase II studies and could be out on the market by the year 2000.
Also, 16% of the company shares are owned by institutions which is a very good sign. Expect this stock to triple in the next 6 months.
There is a small article about there drug Dexanabinol in Business Week
11/04/96 on page 199.
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1491 SmallCaps Online LLC Initiates Coverage on Pharmos with a BUY Release: biz.yaBridgeTech-11/11/1999
1490 Pharmos and Dexanabinol featured on the national CBS Evening news on 8/1/99. erin4-8/1/1999
1489 Rick, agreed. I will no longer post here. You can find me on the biotech threadAriella-10/30/1998
1488 crysball, You're absolutely right, management should be applauded for chooOmer Shvili-10/30/1998
1487 Now that PARS is on the Biotech board here at SI, can't we move our discussRick Strange-10/30/1998
1486 PARS Society for the Neurosciences abstracts Message 6212905 Message 6222005Dr. John M. de Castro-10/30/1998
1485 crysball, slow down. The potential market is huge. But at the current time nowolfdog2-10/30/1998
1484 I thought that HU 211 is in phase 3 I will have to check again. Tamoxiphen analyosi s-10/30/1998
1483 NBC News this morning expanded the definintion of at 'high' risk cancrysball-10/30/1998
1482 crysball, calm down. You are getting all worked up about a drug that hasn'wolfdog2-10/29/1998
1481 Currently tamoxiphen as adjuvent therapy is taken for 5 years. As for preventioyosi s-10/29/1998
1480 More on Tamoxifen From the description of the patient population at high crysball-10/29/1998
1479 GOOD NEWS for PARS The FDA today approved the use of Tamoxifen to prevent brecrysball-10/29/1998
1478 I spoke with company yesterday and was told eps were due out Friday, Monday orAriella-10/29/1998
1477 I just opened a Pharmos thread in the biotechnology section of SI. PARS is a biDr. John M. de Castro-10/29/1998
1476 Can anyone provide an LE-T Update? I've been looking to get an update on thDr. John M. de Castro-10/27/1998
1475 Bought more shares today @2. I would like to thank all the contributors to thisTony van Werkhooven-10/27/1998
1474 OT: David, Give me a call or email me next time you come to Israel. We'll Omer Shvili-10/27/1998
1473 Rick, I do not suggest that we need to become RISKY just Prudent !!!David Israel-Rosen-10/27/1998
1472 David, with all due respect, I would rather have shorts sticking around for a wRick Strange-10/27/1998
1471 Assuming that not everybody of you is familiar with German, I tried to find outRichard Huth-10/27/1998
1470 Omer: I completely agree with you. My point was that given the Cautious styleDavid Israel-Rosen-10/27/1998
1469 David, Hiring a good PR/IR firm is not like using a magic wand. Once a companyOmer Shvili-10/27/1998
1468 Dear Yosi: Given the General Volume in the stock and MGT clear lack of intereDavid Israel-Rosen-10/26/1998
1467 short intrest on Pharmos keeps growing. Some people just do not get it. 10/22 yosi s-10/26/1998
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