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Biotech / Medical : Biotech for less than cash value

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To: Robohogs who wrote (322)3/13/2008 3:14:15 AM
From: idos   of 684
 
I referred to "net" but your point makes the discount looks deeper.
On the other hand, news flow in the near term could be further negative (the 2nd i.v. Phase III POI trial is likely to fail as it is very similar to the 1st only with fewer international sites, and the FDA might issue an approvable letter requesting additional clinical work on the s.c. formulation in AMI in Apr.).
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