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Biotech / Medical : EntreMed (ENMD)

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To: StockDoc who wrote (501)5/4/1998 8:20:00 PM
From: dougjn  Read Replies (1) of 2135
 
StockDoc, how do you get your $100 figure?

Firstly, I am well aware of the possibility that though the combination works extremely well in mice, it may not in humans. But it looks unusually promising to me. Lets leave all that aside.

Say it does work. As well in people as in mice. It will then clearly be one of medicine's most outstanding achievementsof all time. All kudos. Incredible human advance.

But to return to money grubbing. <g> I can imagine that although far more important than Viagra, e.g., it might do far less well as a drug.

1) Far fewer people at any one moment in time probably suffer from cancer than from some sort of ED. Especially when you add in those who feel things could be improved in the erection department.<g>

2) At least in mice, these wonder drugs appear to not take very long to be completely effective. And then don't require further administration.

And of course Enmd will have to farm out a lot or all of the actual manufacturing (even if its patent rights are unassailable and cannot be readily substituted around).

On the other hand, even at today's close Enmd is still a relatively small cap. company.

Have you seen or done any sort of projection of what the profits might be when and if sales began?

(I was sniffing around here last night, but stayed well clear of this stock when it opened at what 80 or something. I knew it would fall back, and suspect it will fall a lot further from here in a little while.)

Doug
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