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Biotech / Medical : Biotech Valuation
CRSP 52.20-5.5%Nov 12 3:59 PM EST

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To: manny t who wrote (8876)7/29/2003 2:03:01 PM
From: Biomaven  Read Replies (2) of 52153
 
<OSUR>

I don't follow them, but in general the instant-test business is a tough one - low margins and plenty of competition. Unfortunately the FDA won't allow "do-it-yourself" HIV testing which might sell well. I also don't believe their test is approved in the US for oral samples.

I believe TRIB and QDEL (as well as some bigger companies) play in the same space. I haven't looked at the space for a while, but the history has generally been one of financial underperformance relative to amount of hype. So I'd be careful.

Peter
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