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Replies to #20761 on Biotech Values
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io_io

12/18/05 11:05 PM

#20762 RE: Praveen #20761

Elan / Praveen

I think for the institutions etc their fiscal year ends in October. Plus the stock has such collosal volume, I don't think tax-selling would make a damn bit of difference.

"Biogen says there will be an FDA panel on Tysabri in March."

Is this per the Bloomberg link I sent you, or you have other information ?

"The FDA Advisory Panel on Peripheral and Central Nervous System Drugs meets March 7 and 8."

That has been scheduled for a while, and yet the companies were not "informed". I don't know why the FDA would a) wait so long as to have it in March; b) even if so, wait so long to tell them.