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Biotech / Medical : Cell Genesys (CEGE)

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To: david james who wrote (884)4/28/2000 2:56:00 PM
From: tuck  Read Replies (1) of 1298
 
david,

Might be a while before CEGE gets U.S. TKTX revenue. They keep losing rounds in their patent dispute. I would speculate that at the very least they will have to pay some kind of license to AMGN, and that will offset their cheaper manufacturing costs. In another couple of months maybe there would be a ruling regarding an injunction on TKTX's right to manufacture Epogen at all. Apparently the trial is now set to move on to claims regarding manufacture.

biz.yahoo.com

Despite this, the positive press about gene therapy seems to outweigh this distant possibility. Which is fine with me.

Analysis by someone with more legal/industry insight is welcome.
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