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Biotech / Medical : Sangamo Therapeutics, Inc. SGMO
SGMO 0.561-2.3%3:59 PM EST

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From: bob zagorin6/19/2008 11:24:30 AM
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Sangamo BioSciences-SGMO: Unit of DOW exercises commercial ZFP option@LEER
Dow AgroSciences is exercising their option sooner than had been anticipated which is improving SGMO's financial flexibility. LEER will be watching for sublicensing royalties from DAS within a few quarters and with their expectations over the next year of further protein manufacturing emerging from SGMO, a share price of $18 is a reasonable expectation. Reiterate Outperform rating. :
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