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Biotech / Medical : Biotech Valuation
CRSP 56.68-2.4%3:59 PM EST

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To: Biomaven who wrote (6272)5/6/2002 2:12:50 PM
From: Ian@SI  Read Replies (1) of 52153
 
I'm neutral on ICOS.


Peter, Would you shed a little light on this stance?

With the approvable letter, it's closer to Cialis approval than it ever was when the stock was at a much higher price.

Its pipeline has 3 distinct Sepsis prospects. Xigris only addresses 26% of this large market and hasn't been setting the drug world on fire so far.

Seems to me that the market may well have overshot to the downside as long as one is prepared to be patient for the next year or so.

???

Ian
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