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Biotech / Medical : Biotech Valuation
CRSP 57.51+0.9%2:35 PM EST

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To: Biomaven who wrote (3654)5/7/2001 11:43:04 AM
From: JOEBT1  Read Replies (1) of 52153
 
Peter--Re:-CEGE cancer vaccine
CEGE's prostrate and pancreatic cancer trials used non patient specific vaccine. In their lung cancer trial they are using patient specific vaccine. I totally agree with you on the difficulties associated with getting approval for patient specific vaccines, however CEGE's goal is to use only non specific vaccines. They have restarted the prostrate cancer trial with a more potent (5 to 10 times) version of their GVAX vaccine. The new version is non specific as was the older GVAX. I've looked at this several times over the years and have decided to "nibble" and maybe "bite" because of upcoming ASCO report. Their cash and ABGX stock value is about 80% of their market value.
Joe
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