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

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To: Edscharp who wrote (64)12/7/2001 10:56:48 AM
From: Edscharp   of 75
 
Opal,

Good point.

Nonetheless, I think I'm going to stick to my strategy of investing in biotechs that have very late stage products with large potential markets.

I also like biotechs that are based upon "concepts". For instance Onyx Pharmaceuticals has a late stage P3 trial utilizing their virus technology and the same for Isis Pharmaceuticals with their anti-sense technology. The point here is that if either of these companies complete successful trials, not only is there the obvious benefit of an approved drug, but a vinidication of the technology behind the success which could lead to scores of other medications.

Of course, there is always a risk. Your favorite and mine, Xoma, comes to mind. I thought Neuprex would be the wonder drug of the new millenia. LOL!

Regards, Ed
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