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Replies to #97390 on Biotech Values
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DewDiligence

06/17/10 7:16 PM

#97397 RE: wallstarb #97390

NMTI: When a company’s product requires an invasive procedure (PFO closure) to prevent something that has a low likelihood of occurring (stroke/TIA), it needs stellar clinical data to have any chance for commercial uptake. That obviously wasn’t the case in this trial, nor was it the case in a similar trial that tested PFO closure to prevent migraine attacks.

PFO-closure procedures will continue to be performed—but only for patients who have symptoms directly attributable to the PFO, which is a tiny market.
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DewDiligence

10/18/10 5:24 PM

#106525 RE: wallstarb #97390

Ne’er-do-well NMTI was actually up sharply today on the AGAM buyout. FWIW