Jeff Taylor writes, " I haven't written in a while. Perhaps a few years ago you recall that I pointed GenVec(GNVC - Get Report) out to you. I have a little experience here. My take is this licensing deal with Novartis(NVS) for hearing loss is just a bonus. The rocket ship leaves when the interim on the 184th event for the PACT trial is released in about 10 weeks. This will put it in lock step with ASCO. For those of us nibbling at the under-a-dollar prices, the train has left the station."I found plenty of reasons to be cautious about TNFerade, GenVec's gene therapy drug for pancreatic cancer, after the company released data from the first interim analysis of the phase III study in November 2008. I won't go over the details here because you can go back and read my analysis.
Biotech Stock Mailbag: GenVec
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