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Biotech / Medical : Anadys Pharmaceuticals, Inc. (ANDS)

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To: Mike McFarland who wrote (27)11/5/2006 3:38:00 PM
From: DewDiligence_on_SI  Read Replies (1) of 86
 
All Anadys needs is to pick a strong CEO and the valuation will correct.

Wow—that’s quite an oversimplification! ANDS also needs to prove that ANA975 and ANA380 are viable drugs.

The issues with 975 are well known so I won’t repeat them. Regarding ANA380, there’s a disconnect between Xanthopoulos’s best in class assertion and the fact that NVS opted not to license it by letting its exclusive option expire.

The valuation will correct to a major degree if and when there are data to justify a correction, Until then, everything is window dressing.
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