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Biotech / Medical : bluebird bio Inc.
BLUE 4.9700.0%Jun 2 5:00 PM EST

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To: Biotech Jim who wrote (38)1/9/2014 2:13:27 PM
From: tuck  Read Replies (1) of 163
 
It's been noted that there were almost 17 million shares available for sale upon lockup expiration (which was about a month ago), compared to the 6 million then on the market. Most folks here seem excited by the CAR T technology, but these programs are so early, and it seems as though a good deal of hype on those programs has already passed recently (Celgene deal, ASH). Do you or others following more closely know when the upcoming inflection points are? I imagine they are more likely to be associated with the gene therapy programs.

And have we heard anything about their burn rate? They seem to own their later stage programs, which normally means big expenses, but the U.S. trials in these indications with small populations don't enroll many folks, so maybe clinical expenses aren't a big concern.

Watching and waiting for better entry pending above info.

TIA & Cheers, Tuck
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