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Biotech / Medical : Biotech Valuation

CRSP 53.85

-4.5%

Jan 9 9:30 AM EST

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To: Harold Engstrom who wrote (10646)	2/26/2004 1:48:51 PM
From: Biomaven	Read Replies (1) of 52153

<CRIS> Can't say I've followed them for quite a while - but my interest is kept alive by their IP in hedgehog pathways. May never turn into dollars, but clearly worth keeping an eye on. For example, here's an interesting article on diabetic neuropathy: J. Clin. Invest. 111:507-514 (2003) Copyright ©2003 by the American Society for Clinical Investigation Article Therapeutic efficacy of sonic hedgehog protein in experimental diabetic neuropathy ncbi.nlm.nih.gov:80/entrez/utils/fref.fcgi?http://www.jci.org/cgi/pmidlookup?view=full&pmid=12588889 And there were also some neat-sounding PR's relating to spinal cord injury if my memory serves me correctly. It's of course hard to know what to do in valuation terms with companies that might have good IP but don't have a product. Mostly they seem to end up fizzling. (I'm thinking companies like the old SNAP). Peter

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