ONXX Message Board - Msg: 14447420

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Biotech / Medical : ONXX

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To: scaram(o)uche who wrote (667)	9/24/2000 11:47:37 PM
From: Larry Liebman	Read Replies (1) of 810

It's interesting to see the banter over ONXX. I've held a speculative stake for 2 years based on information like: "Warner-Lambert will make an upfront payment in ONXX over two years totalling $15 million and will provide $40 million in funding for Phase 111 trials and other ongoing clinical developmental studies for ONYX-015. In addition, Warner-Lambert will provide support and development of two new products.In addition to the committed funding, over $100 million could be payable in the achievement of milestones for the products".- 10/18/99 ONXX and Bayer enter Phase 1 trials with a Ras pathway inhibitor sharing costs and profits- 7/18/00 ONXX extends its Armed Therapeutic Virus (ATV) platform. ONXX adds to Board of Directors with CEO of EXEL, and President of Pharmcia Diagnostics. I won't comment on the Phase 11 results, other than I assume Warner was pleased with the data. I guess I'm fascinated with the debate over a $300 million cap cancer company. ONXX could be CLPA...or it could be IMCL. My question to the discussants: How do you make an informed decision about what you purchase? What is material to making a decision to hold any biotech stock? What stocks have you failed with? What other biotechs are you invested in?

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