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Biotech / Medical : Biotech Valuation
CRSP 53.33-0.4%Nov 26 3:59 PM EST

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To: Biomaven who wrote (8274)5/6/2003 6:46:00 PM
From: Icebrg  Read Replies (1) of 52153
 
Peter

>> This is interesting. I predict we are going to hear a lot more about the retinoblastoma (Rb) pathway over the next few years, although I don't know of any public biotechs currently doing much with Rb (Titan and Onyx have dabbled with it I think).>>

Thanks for pointing that out. I would have missed it. :-). As a matter of fact Titan's share price has been relatively strong over the last couple of days going from 1.60 to 1.90 under much higher turnover than normal. There might be a connection to the research you referred to.

On the other hand RB94, as the product is called, does not seem to have been considered as one of their hotter properties. On the website they say that they are looking for any further development to be funded from external sources. (Which is of course completely in line with Titan's general modus of operation).

Erik
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