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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer

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To: David Cathcart who wrote (697)2/18/1998 9:40:00 PM
From: the eagle  Read Replies (1) of 1826
 
david, i think that you posted some info attributable to blitzer regarding the outlook for a european partner for distribution. it sounded like info blitzer gave at an annual stockholders meeting. i wish you could give us the benefit of those comments again so we might read between the lines. it seems that mogn wants to keep the north american market all to mogn and let the other deals pay for the trials. again, mogn has great mgt, great balance sheet, on the road to profitabilty, a potential blockbuster drug, and the potential to have someone else to bear the cost of bringing the drug to market. seems to me mogn has very little downside risk and a tremendous upside for those that are patient.
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