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Biotech / Medical : TGEN - Targeted Genetics Corporation
TGEN 6.380+2.7%3:59 PM EST

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To: Boyce Burge who wrote (3)7/6/1997 3:30:00 PM
From: john b of 557
 
From the Seattle Times business section 7/6/97. TGEN remains a "buy" at the Genesis Merchant Group where analyst Wole Fayemi sees a target price of $15 a share. The Seattle biotech "is significantly undervalued compared to its peers in the gene-therapy group," Fayemi wrote. Products to treat certain cancers and cystic fibrosis continue to show progress, "The company has a number of other products in the clinic and continues to expand its patent portfolio,"Fayemi wrote,"increasing the likelihood of at least one corporate partnership by year end." (report issued 6/19. So take this as interesting or just more of the same. JB
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