MGI Pharma MOGN New patents, anti cancer Message Board

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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer

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To: Icebrg who wrote (1520)	9/20/2004 1:59:54 PM
From: Icebrg	Read Replies (1) of 1826

MGI Pharma "outperform" [The guys at Robert Baird have a habit of saying the same thing over and over again. That there has been a increase in the clinical risk after MOGN's sweep through the biotech sector seems more or less self-evident. But maybe the note itself contains more meat]. Monday, September 20, 2004 9:39:57 AM ET Robert W. Baird NEW YORK, September 20 (newratings.com) - Analysts at Robert W Baird reiterate their "outperform" rating on MGI Pharma (MOGN.NAS). The target price is set to $35. In a research note published this morning, the analysts mention that MGI Pharma’s product pipeline has expanded substantially, following the company's recent acquisitions. The company is expected to have five separate compounds in pivotal trials by mid-2005, the analysts add. The acquisitions have, however, also raised the clinical risk associated with MGI Pharma, Robert W Baird says.

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