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Biotech / Medical : Biotech for less than cash value

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From: west57th11/9/2005 9:09:49 PM
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Pharmost (ticker PARS) is trading for below cash and have an interesting cannabanoid for pain in early stages. DPII is another one that trades at cash value and they have revenues to boot. They're in the drug discovery business which is plagued with problems, but at EV of 0, what can you expect.
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