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After Pfizer, Novo Nordisk Walks

Second Inhaled Insulin Down; Firms, Analysts Keeping Faith

By Randall Osborne

Monday, January 21, 2008
The decision last week by Novo Nordisk AS to drop its Phase III inhaled-insulin program mildly stung licensor Aradigm Corp., putting observers in mind of Pfizer Inc.'s dump of Exubera in October - a surprise maneuver that dented shares of partner Nektar Therapeutics Inc. - and leaving investors with chips on other, similar efforts waiting to exhale. Stay in or get out? (BioWorld Financial Watch)

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