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Biotech / Medical : Metabasis Therapeutics (MBRX)
MBRX 0.467+3.3%Oct 31 9:30 AM EDT

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To: LJM who wrote (17)12/13/2006 11:47:30 PM
From: rkrw  Read Replies (2) of 66
 
Glad to see this out of valeant's hands and into sgp. I think this is a very good drug, maybe even best in class, data shows it twice as effective as hepsera however gilead is following up hepsera with viread which will be closer to pradefovir. I don't think this will ever translate into much value for mbrx since with modest peak potential in a fragmented hbv market the royalty probably will never amount to anything more than offsetting some r&d expense. Best aspect could be it was good advertising of their hep direct platform. Deals with idix and mrk for example.
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