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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (49)4/20/2001 9:17:13 PM
From: Scott H. Davis   of 544
 
RE: MM's target - did he perhaps include a timeframe? I actually can see VICL at 100 - 3-4 years out if 3 or these 5 events come to fruition

1. Approval of Allovectin-7 - PIII going well - would be 1st gene based therapy approved by FDA & unpartnered revenue.
2. Successful HIV vaccine by MRK using VICL technology
3. Successfull Malaria vaccine (currently in PII)
4. Successful FLU vaccine using their technology (as it contains a common Flu DNA fragment, would not have to be re-done each year, and without risk of causing flu)
5. A couple biggies licensing their naked DNA technology.

Lots of cash to continue development, accompanied by a slow burn rate, and pretty good management allocation of recources to programs.

one thing to keep in mind is that this was the 1st bad news tem in 4 years. Not too many biotechs with as many things going on as they do can say that.

IMSCO

Scott
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