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Biotech / Medical : Biotech Short Candidates

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To: tuck who wrote (691)8/4/2004 5:38:03 PM
From: hmpa  Read Replies (1) of 897
 
I'd suggest a glance at CNCT. I listened to the quarterly cc and in response to direct analysts' question regarding possible generic competition to Soriatane whoever was fielding the call boldly claimed they don't know about any even in the future. OTOH, googling the combination "ranbaxy soriatane ANDA" gives a neat table showing that the said company plans to launch generic in the US in 2004 and make same $10MM off it. Either CNCT guys have no clue about competition or for that matter using Internet or are lying through their teeth.
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