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Biotech / Medical : Genaera Corp

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To: jstrohs who wrote (82)5/25/2006 8:36:32 AM
From: DewDiligence_on_SI  Read Replies (1) of 96
 
That’s my point exactly: they are a placement agent, not a research firm with bona fide analysts.

The DJ report on GENR is laughable in its litany of misstatements. Perhaps the funniest one is that the 212 study “is positioned to show superiority or non-inferiority” to Lucentis. Hard to do when Lucentis is not even being tested in that study.

GENR is up a creek because they can’t get their phase-3 trial enrolled. A bullish report from Dawson Whoever isn’t going to help—except possibly at raising money in the next PIPE.
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