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mcbio

08/03/11 10:47 PM

#124392 RE: JJM760 #124391

When we last spoke, I believe you had mentioned Mrk's lack of commentary on Rida and concerns about it's potential approval as to why you were not invested in Ariad. Now that Mrk has filed the NDA in the EU and the PPS has pulled back considerably, have you or are you considering a position here?

No, my plate is full right now and I otherwise have some other stocks that I'm more interested in should some additional funds become available. And keep in mind, I rarely play biotechs with greater than $1B market cap anyways, just because I like the smaller, more speculative plays. But, encouraging developments for ARIA and they seem to be in good shape.