Reply #57: It has everything to do with the drug

[nomatrix]

Imclone drug worked
http://cnews.canoe.ca/CNEWS/Science/2003/06/01/101158-ap.html

"Whether ImClone now has enough scientific ammunition to push Erbitux onto the market remains to be seen, but spokesman Davit Pitts said they will ask the FDA's opinion on the latest data.

The sponsor of the new study, the German pharmaceutical firm Merck KGaA, said it will soon seek European approval to sell the drug and could have it on the market there by the end of the year. The company, which owns rights to Erbitux outside North America, is unrelated to the larger U.S.-based Merck & Co."

The financial scandal took the attention off the testing, until it could get clearance. Now watch the stock climb again.