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Re: Axeblau post# 154

Tuesday, 06/12/2012 11:30:44 PM

Tuesday, June 12, 2012 11:30:44 PM

Post# of 781
Ticker changes - we don't have an "Ultrasonic Generator Technology." smile

But we do have a pretty good pipeline, although young, and results coming up for a ph2b trial in type 2 diabetes - HUGE market. It'll take years, not months .... but mgmt has indicated once they have good-to-great results with LX4211, they'll partner it out. A Big Pharma will have the cash and resources to pilot it through a ph3 and an NDA. Short term, we have LX4211 results in about 2 more weeks, and if good we should see another 10-20% move. Percentage wise not too much, because we've had a pretty good runup already, from the $1.55 area. I'd love to be wrong on the low end though!

Best regards,
Trond
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