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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Rick Costantino who wrote (1092)7/8/1997 9:51:00 PM
From: DZOO   of 1762
 
I think the quote has some validity from an analyst's point of view. Especially since it was aimed at the general public. I think he was trying to emphasize the level of scrutiny and risk involved. As you probably know, if approved this will be just the first of several competing monoclonal antibody products. I have a problem with the quote because it implies that the subsequent monoclonals will not be scrutinized as rigorously. I don't think that is true and I think that is misleading to the general public. The risk of monetary loss is quite high and the risk should be emphasized. If Rituxan is disapproved IMO IDPH's stock price will fall to the single digits. If approved the skys the limit given the projected billion dollar market. Well maybe not the sky but $60 / sh would be close enough for me, long term that is.
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