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jerrydylan

03/09/09 3:44 PM

#24120 RE: neuroinv #24117

A conversation I had with a higher up @ Cortex( MV) went as follows......"_my name_, you can't imagine the difference in the amount of (upfront money) involved with ADHD, when you have phase 2 data." End quote. I am sure given that an ADHD deal was done deal back in 2006-2007, and someone went to Europe alongside Cortex lobbying for CX-717 to re-enter human trials, that the interest in ADHD is still very viable. Everyone here has seen the slide with the CX-1739 animal data basically matching stimulants, so I think ADHD is going to be a big deal-but I am pretty sure Mark and Roger want human data. They don't want a Servier/ Organon deal ever again. I believe SGP's trial was POC oriented-they'd get smoked in the long run by better molecules. So I believe ADHD will re-energize the company in the markets-but we have to get there. I think Shire is very likely to be the eventual winner, because they couldn't ever be the loser-I am also with Neuro that a Hospital-sales based outfit even someone huge like Baxter would be a very good fit for RD. And it would pay off much better than PFE/WYE. (Return on Investment )
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enemem

03/09/09 6:10 PM

#24132 RE: neuroinv #24117

My sense is that the only thing that matters is cor's ability in the short term is to avoid going broke. In light of that, my sense is there is only one deal that matters: RD. The other indications need POC or phase 2 data, and those data aren't even in the can yet, so the earliest those indications could contribute to cor's bottom line is near the end of '09. Cor doesn't have the money to stay afloat until then, and I'm not cvonvinced a financing is realistic.

If RD is the one deal that has to get done, the candidate companies include:
Endo, Cephalon, and Purdue, Reckitt Benckiser, Baxter,...??.

One thing you mentioned in the fall is that as due dilligence nears completion, news of an impending deal tends to leak out. Obviously, based on share-price, such leakage isn't happening. Can we infer from this that a deal is months rather than weeks away?

My intention here is not to jump to conclusions one way or another, but to figure out what can be gleaned from the hue of the darkness and the depth of the silence that surrounds cor's purported negotiations.