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Biotech / Medical : Biotech Valuation
CRSP 57.05-0.6%Dec 9 3:59 PM EST
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To: Arthur Radley who wrote (15839)2/22/2005 3:25:51 PM
From: Biomaven  Read Replies (2) of 52153
 
<LGND>

I really don't know if there's any good way to handicap this Targretin trial. But the one thing to emphasize is that the drug is already on the market, and so a good result will produce sales quickly. And a bad result won't kill the company - it would be just one more in a line of disappointments.

The IV's on the April options are pretty high, so no huge bargains to be had.

Peter
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