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Biotech / Medical : FDA THRESHOLD: LOWER-RISK BIOTECH INVESTING

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To: aknahow who wrote (46)2/7/2000 10:51:00 PM
From: opalapril  Read Replies (1) of 75
 
Good point, but only if you assume the buy time is intended to be before FDA recommendation or approval. Doesn't hurt to watch them closely as P-3 ends, for example to see if perhaps the company (1) intends to dilute shares with a massive offering; or (2) refuses to release the data to shareholders; or (3) after years of plainly stating the company strategy is to spurn partners until FDA approval of its lead drug, suddenly announces a partnering contract the details of which it also refuses to release.

But enough about Xoma. What stock were you going to recommend, George?
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