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Re: [sharechat] Genesis


From: "Derek Watt" <watt250@hotmail.com>
Date: Fri, 16 Feb 2001 08:55:28 +1300


Thanks Hugh & Ben,

Interesting article. This raises some questions about the positiveness of 
Genesis statement to the market yesterday.

Still, in such a complex disease like psoriasis there may never be a single 
'cure' and even if only say 30% of patents are responsive
to a treatment then it is still a worth while treatment at this point
in time.

>From the Genesis statement:

"Of the 21 patients in this dose group who had not been treated previously 
with any form of ultraviolet light, methotrexate or cyclosporin, 43 percent 
had a 50 percent or greater reduction in PASI score at 12 weeks."

This still seems pretty good to me, but it would be foolish to buy against 
market sentiment.

Derek

(DISC: don't own GEN, but if the market over-reacts downwards I'll 
re-consider)



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