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Biotech / Medical : Biotech Valuation
CRSP 53.85-4.5%Jan 9 9:30 AM EST

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To: NOW who wrote (15174)1/9/2005 11:06:44 AM
From: Arthur Radley  Read Replies (1) of 52153
 
APPX..Appears the FDA screwed up by posting approval on their website, before giving APPX the opportunity to make announcement on Saturday. The initial reaction with CTIC was positive, however, in A-H trading the stock traded over 100,000 shares and dropped 3%. Will be interesting to see how the stock opens tomorrow.
As for the good Dr. Soon-Shiong, it appears that he will SOON be a zillionaire because the major drug companies didn't buy into his idea.
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