Phytopharm: Chinese cash burn

Article Abstract:

Phytopharm produces herbal medicines and tests plant materials on human subjects rather than isolating active ingredients. The quality and consistency of drug batches may not be easy to achieve, and regulatory approval is not certain. This means that investors in the company's share issue may be running risks. Fisons is a development partner, but Phytopharm still gives cause for concern over cash flow needs and could be too dependent on a single partner.

Pharmaceutical Preparations, Drugs, PHYTOpharmaceuticals Inc.

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Stop taking the tablets

Article Abstract:

Powderjet Pharmaceuticals plans a 110 million pounds sterling stock flotation in May 1997. The company has developed a drug delivery system which is efficient compared to oral methods, and which is preferred by patients to injections. The system has clear benefits but there are still doubts because it is not suitable for some 90% of pharmaceuticals and has not yet gone into phase 2 trials. The stock issue represents some risk for investors.

Drug Delivery Systems, Powderjet Pharmaceuticals

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GeneMedix

Article Abstract:

UK generic drugs producer GeneMedix's strategy leaves the firm vulnerable to competition and tighter patent rules, and its shares could decline further. GeneMedix makes unbranded copies of drugs, selling them to countries where the drugs are not covered by patents.

Generic Drugs, GeneMedix

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