SI
SI
Advertise on SI

 Biotech / Medical | 2012 Biotech Charity Contest


Previous 10 | Next 10 
To: Arthur Radley who wrote (181)2/17/2012 5:53:06 PM
From: BulbaMan   of 512
 
Sorry Arthur, the CORT jump AH would not put you in the lead. But you would have moved into the Top Ten.

Share Recommend | Keep | Reply | Mark as Last Read

To: BulbaMan who wrote (182)2/17/2012 8:48:32 PM
From: FiloF   of 512
 
9 zinc fingers. Heh heh. Nice work.

Have a great weekend, all.

Share Recommend | Keep | Reply | Mark as Last Read

To: BulbaMan who wrote (182)2/20/2012 2:13:29 PM
From: The Ox   of 512
 
Very much appreciated! Thanks again.

Share Recommend | Keep | Reply | Mark as Last Read

From: Chris082/23/2012 11:51:30 AM
   of 512
 
Those who included VVUS in their portfolios need to be congratulated either on their prescience or on their luck.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Chris08 who wrote (186)2/23/2012 12:38:37 PM
From: ghmm   of 512
 
My congrats as well!

This being a more passive contest (which I like) makes for interesting situations. I wonder how many of the four (if they own it in real life) would be happy with the gain and sell before the PDUFA. It could turn out that their position in the SI portfolio does considerably better or worse than their real life position.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)

To: ghmm who wrote (187)2/23/2012 1:06:37 PM
From: fred hayes   of 512
 
>I wonder how many of the four (if they own it in real life) would be happy with the gain and sell before the PDUFA.<

No way I would sell here. My strong opinion is that Q will be approved and I think their ED drug will too. It looks like it could be the best one available. Current MC is under $2 billion, which, if things go right, could be less than sales a few years out. Will be interesting, I think initial Q sales may be disappointing but I wouldn't want to be out of the stock at anywhere near the current price...

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: ghmm who wrote (187)2/23/2012 1:35:13 PM
From: Biotech Jim   of 512
 
I have VVUS in my charity portfolio to the tune of a 15% holding, and also in my personal account.

I sold 25% of my holdings prior to the AdComm meeting, but do not think I will sell any more at this point. I am thinking about picking up some more shares, actually. All about risk and reward. I used to sell out too soon in many of my past biotech winners. (I know, you can't go broke taking a profit.)

I am actually surprised VVUS is not up higher at this point. BWTFDIK?

GLTA

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: fred hayes who wrote (188)2/23/2012 2:22:30 PM
From: tom pope   of 512
 
I sold my small 1k position because there is still the possible overhang of a requirement for a preapproval followup study and because I thought the initial pop was a reaction to the sensational headline - 20-2, can't lose. Since I sold yesterday evening at 19.40, I guess I lost.
I will probably go back in as the market settles things out.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: tom pope who wrote (190)2/23/2012 3:59:59 PM
From: fred hayes   of 512
 
Tom, I am confident of approval based on listening carefully to the proceedings. FDA reps seemed to be focusing on the followup monitoring program. I think they are uncomfortable with the unmonitored use of the individual components, which seems to be gaining ground fast. My thesis has been that FDA wants control of the proceedings here, that they want the approved drug used withing the rules instead of seeing the generics gain ground. As you know by now, my biology knowledge is pretty lame -- but you develop certain muscles. I'm more confident about this one than I have been in a long time. That's not to say I couldn't be wrong, and my position is a small one...(:>)

fred

Share Recommend | Keep | Reply | Mark as Last Read

From: The Ox2/23/2012 6:19:36 PM
   of 512
 
FDA panel recommends Chelsea Therapeutics drug


* FDA panel recommends Northera for FDA approval
* Vote follows FDA staff position opposing approval
* Final FDA decision due by March 28
* Shares up 66 percent as trading resumes

(Updates throughout with details, quotes and background)
By David Morgan
WASHINGTON, Feb 23 (Reuters) - Chelsea Therapeutics
International Ltd's <CHTP.O> hypotension drug Northera should be
approved for use in the United States, a committee of
independent experts recommended on Thursday, sending the
company's shares sharply higher in afterhours trade.
The panel assembled by the Food and Drug Administration
voted 7-4 for approval of the drug known generically as
droxidopa, despite government concerns about whether the
treatment is safe and effective for treating chronic illness.
One committee member abstained and another did not cast a vote
The recommendation will now be taken into consideration by
the U.S. regulatory agency, which is expected to render a final
opinion by March 28. The drug has been in use in Japan since
1989.
Shares in the Charlotte, North Carolina-based
biopharmaceutical company, which had been halted on Thursday,
zoomed 66 percent to $4 in the afterhours market from their
$2.55 close in regular trading on Wednesday.
FDA approval for Northera would guarantee Chelsea
Therapeutics marketing exclusivity for seven years, according to
analysts.
There is only one currently U.S.-approved drug for
symptomatic neurogenic orthostatic hypotension, or NOH, called
midodrine hydrochloride, which Shire Plc <SHP.L> markets under
the brand name ProAmatine. The FDA review document said
midodrine may be removed from the market soon because it has
never demonstrated clinical effectiveness.
On Tuesday, the FDA released a staff review document in
which a government physician recommended against regulatory
approval.
NOH is a rare, chronic and often debilitating drop in blood
pressure on standing up, associated with Parkinson's disease,
multiple-system atrophy and pure autonomic failure.
Symptoms include dizziness, lightheadedness, blurred vision,
fatigue and fainting episodes, which often severely limit a
person's ability to do daily activities that require standing
and walking.
Many committee members said they voted in favor of the drug's
approval because research data, though limited, showed it could
provide remarkable benefits for some who suffer from a
devastating disease for which no other effective treatment is
available.
"If there were other treatments available, the answer would
be 'no.' But there aren't," added Allan Coukell of Pew
Charitable Trusts, the panel's consumer representative.
Several public witnesses provided by Chelsea Therapeutics,
including disease sufferers, told panelists that the drug had
produced life changing effects and had allowed them to lead
relatively normal lives.
"If a wheelchair-bound patient can now stand up and do his
day-to-day activities, that's huge for him," said Dr. Vasilios
Papademetriou, a cardiologist with the Veterans Affairs Medical
Center in Washington.
FDA staff advised the committee that strong evidence that
Northera can confer at least one week of benefits on patients
with NOH including the raising of standing blood pressure.
But the evidence showed no durable benefits that could
compensate for safety concerns stemming from 19 deaths in data
too limited to point to a cause, the staff said.
Company data also showed nine cases of life-threatening
neuroleptic malignant syndrome over a 10-year period in Japan.
The condition, that includes muscle rigidity and fever, is known
to be caused by drug use.
But most panelists concluded the safety risks, though little
known, were acceptable given the potential quality-of-life
benefits for a treatment population with limited life
expectancy.
"The safety profile of this is just as good if not better
than what we're using right now," said Dr. Jeffrey Cohen, a
neurologist at Dartmouth Hitchcock Medical Center.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)
Previous 10 | Next 10 

Copyright © 1995-2013 Knight Sac Media. All rights reserved.