Hi Zeev, curious if you are expecting anything from HAUP earnings on the 20th. Do you think stock will be moving up or down? Also, it looks like it couild be take over play. Do you see that as well?
(Reuters) GlaxoSmithKline Plc, responding to a lawsuit claiming it suppressed negative data about its antidepressant Paxil, published results of trials showing the drug is broadly ineffective in children and adolescents and could increase risks of suicidal behavior.
The British drugmaker released data from nine pediatric trials on its Web Site after New York Attorney General Eliot Spitzer filed suit two weeks ago accusing Glaxo of fraudulently suppressing the information. full article
The results in a nutshell: Paxil had as much effect on depression as a sugar pill. Though no one committed suicide during the trials, actions related to suicide showed up significantly more often in patients taking Paxil than in those taking a placebo.
All nine studies (complete except for the appendixes) have been posted on Glaxo's site here.
The Memory Hole has downloaded them in case they vanish.