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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: PAL who wrote (4361)5/21/1998 5:35:00 PM
From: Bhag Karamchandani  Read Replies (3) of 6136
 
" Unfortunately, scientists are from a good PR person." Just what did you mean??

If ML model to valuation of AGPH were applied to all biotechs, 60-70 % of them (those with no revenue stream and no valuation for potential drugs in pipeline) would have stock prices of zero. There would be nothing wrong with this approach if ML consistently applied it to valuation of all biotechs and not merely AGPH.

On the other hand, as I have noted before, AGPH has spent hundreds of millions of dollars on R & D over seven years (?) and has yet to bring an in-house designed drug to market. Let us hope AG 3340 fares better than Thymatiq. Hope someone can explain why. It may be comforting to AGPH longs. Cheers.
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