SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : VD's Model Portfolio & Discussion Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scaram(o)uche who wrote (7455)1/13/2000 3:06:00 PM
From: JMarcus  Read Replies (1) of 9719
 
Chase H&Q analyst names CNCT and GELX as her top picks among microcap biotechs:

"SAN FRANCISCO (CBS.MW) -- Although there's been a lot of buzz
surrounding the genomics sector of the biotech industry, Chase H&Q
analyst Meg Malloy said in an interview there's still value to be had in some
of the smaller companies developing products for niche markets.

Her picks include Connetics Corp. (CNCT: news, msgs), which makes
ConXn, a drug to treat scleroderma . The disease is a connective tissue
disorder that can be fatal in its most severe form. She believes the drug is
likely to be a key driver of the company's growth. The U.S. market for
scleroderma drugs exceeds $500 million, Malloy said. The company also
has a growing dermatology business. Malloy said the stock could reach $30
a share in the next year.

Another pick is GelTex (GELX: news, msgs). Malloy said the company has
a second generation version of its Renagel capsules in the wings as well as
several other candidates in the pipeline. Renagel removes excess
phosphorous in kidney patients who lack the ability to filter it themselves.
The company also has a cholesterol lowering drug, Cholestagel, for those
who can't take Lipitor or other statins, the most widely used cholesterol
drugs. Malloy said the stock could reach $30 to $35 within 12 months."

cbs.marketwatch.com

Marc
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext