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Biotech / Medical : Biotech Valuation
CRSP 56.87+0.3%9:50 AM EST
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To: nigel bates who wrote (9177)9/22/2003 12:06:39 PM
From: Biomaven  Read Replies (4) of 52153
 
OK, it seems like "Fast Track" is the new biotech nirvana. Easy to get, and produces a 30%+ gain (look at SPPI today - I sold half my stake on today's pop). (And thanks to Erik for drawing our attention to SPPI).

So maybe we need a list of "Fast Track" candidates. (But note that on fundamentals these pops are clearly overdone - Fast Track is really no big deal in terms of whether the drug will eventually be approved or not).

Any suggestions for "Fast Track watch?"

Peter
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