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Biotech / Medical : CollaGenex (CGPI) FDA PENDING
CGPI 0.00010000.0%Jul 21 5:00 PM EST

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To: Rich H who wrote (72)2/21/2000 9:34:00 AM
From: biowa  Read Replies (1) of 142
 
Rich,

FWIW, it may just be that the co. doesn't really have anything that's sexy now (i.e., no genomics, no gt, no mAbs). Metastat may provide some upside sizzle, but right now I give it zero valuation and I think the co. is being very conservative since it lies outside the main focus.

What the company is doing is very effectively (IMO) going about its business of selling Periostat and steadily (and rapidly) growing those sales, as well as adding to the clinical support for uses. On top of this, they're building a highly effective dental pharmaceutical sales force that will probably add additional products this year to a bag that already includes Periostat, Vioxx and Denavir. In other words, they're growing revenues.

biowa
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