End of yesterday in last hour, MM signal flash drop. Now this morning, flash drop to take out all stops. This is all MM activity off the back of stupid day-trading retailers.
Prednisporin is fine. page 61 Sanofi. In fact, great news! If it failed, it would be there going into 2011. Looks like Sanofi is lining up its ophthalmology pipeline - now have 3 Fovea products in P2.
As to the share issue, how many m@r@ns along with Lallalie does it take to sit on a pin? Zalicus is ensuring the pipeline moves forward, and the amount of shares won't affect ANY VALUE-HOLDER who knows Zalicus is on its way!
Valuation doesn't change and only good news was revealed today. Prednisporin is "A OK"!!!
np. found it..i have some time today. Still PhaseII. Actually it doesn't mean anything IMO. It may be there to be delete if it failed, it could be there to repeat phase2b for any reason,it could be postponed to ph.III in a second moment...any moment. JMHO
You have NO CONFIRMATION that Prednisporin was, as you say, "shelved" -- your basis of information is speculative, and to be frank with you, I am deeply puzzled as to why you are sowing this on the board.
I personally interact with Zalicus and what you're saying does not line up with the facts as I know them.
For example, Prednisporin is the ONLY DRUG FOR ALLERGIC CONJUNCTIVITIS that Sanofi has in development - 1 drug!!! That many drugs for the same indication exist on clinicaltrials could be said for many, many diseases. Prednisporin is NOVEL. No drug in development is like or similar to Prednisporin.
I don't know where you're going with this story-line, but I will not let it slide without challenging you.