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Biotech / Medical : Genaera Corp

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From: DewDiligence_on_SI	6/30/2006 3:27:28 PM
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Lucentis approved by FDA: The myriad posters throughout message-board cyberspace who shouted that Lucentis was a death sentence for users are now exposed for the frauds that they are. What does the Lucentis approval mean for GENR, specifically? Not a lot, in the short run, because the Evizon program has been dead in the water for some time already. Longer term the situation for GENR is not pretty. More than likely, GENR will gradually fade deeper and deeper into the realm of utter irrelevance, and the share price will continue its unrelenting descent from the 2003 high.

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