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Biotech / Medical : Biotech Valuation
CRSP 53.85-4.5%Jan 9 9:30 AM EST

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To: Biomaven who wrote (6419)5/23/2002 4:32:51 PM
From: Czechsinthemail  Read Replies (1) of 52153
 
I can understand the dissension on Amevive. I'm told its side effects may include impacting certain immune system functions. Since psoriasis isn't life threatening, I could understand those reviewing it being cautious. I'm not an owner of BGEN, but I'm certainly glad to see the rest of my biotech portfolio getting goosed following the announcement.

What do you think is the likelihood of the FDA overturning the AC recommendation? And do you think it is likely to have a negative effect on other companies trying to get psoriasis drugs approved by effectively raising the crossbar for those following in the wake of Amevive?
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