XOMA. Bull or Bear? Message Board

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Biotech / Medical : XOMA. Bull or Bear?

XOMA 34.39

+6.7%

Dec 10 3:59 PM EST

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To: Bluegreen who wrote (15980)	8/15/2002 2:26:47 PM
From: Cacaito	Read Replies (1) of 17367

Bax already spent lots of $ in the Fda rejected meningo indication of Neuprex. They gave xoma ~$15M (the whole trial expenses?) is a significant amount. The division or vicepresident that deal with xoma and Neuprex MAYBE is on a hot seat, careful not to dump another big chunk of $ the xoma way and end his/her career. Plus bax is a large corporation with tons of projects, the most advance with commercial prospects are the first, neuprex is on a backseat in standstill. Remember the bax when crazy in one CC with the $500M prospects for bpi and never to mentioned it again. Corporations may mistakes like Bmy going all the way with Erbitux, or J&J abandoning good drugs programs that did well later. Bax seems to be very reticent with failures (different to mmmhhhullen!), and they like to pick carcasses (NVA plant and intelectual property) same way they pick the hemophilia business, the allp drug is on delay due to their paucity of funding (contract was tougher), and look at xoma bpi palsy. It seems to be the Bax way of handling risks, SINTGY to the max!

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