Hi Matt, Stockid,
IMPH seems to be gaining momentum fast. Not too long ago, volume of 50k seemed like a heavy day. Lately 100k+ is becoming the norm.
With regards to competition, i found an article in Sept 3, 1997 Wall St. Jr. (pg B4), that talks about Smith Kline Beecham 'forging a joint venture, dubbed Diadexus, with U.S. biotech star Incyte Pharmaceuticals Inc. The venture will inherit access to two of the world's biggest private libraries of genetic data... That dowry includes marketing rights to five diagnostic tests, in the areas of cancer and bone disease... During the venture's first few years, its tests will be made available to physicians primarily through SmithKline's clinical laboratories division. SmithKline's unit, a leading lab network in the U.S., has struggled with anemic sales in recent years...'
Take Care, DH |