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

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To: opalapril who wrote (60)12/6/2001 9:29:44 AM
From: Edscharp  Read Replies (3) of 75
 
Hi Opal,

We haven't talked in a long while. Hope you are well.

I think I stumbled on the secret of lower-risk biotech investing. Just this past week I l learned my stock in Aviron will be acquired by Medimmune and just today I learned my Cor Therapeutics will be acquired by Millenium. All things considered I ended up doing pretty well investment wise. I like Medimmune and Millenium. I may trim the size of my investment a bit, but I'll stick with the new companies.

I think the trick here to buy into fledgling companies that have one good product that has been marketed or is at least in late P3 trials. If their products have large marketing potentials I think the lure to other companies becomes irresistible.

A few weeks back Bristol Myers acquired a large position in my Imclone stock.

Weird coincidence for me or a definite trend?
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