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Biotech / Medical : Incyte (INCY)
INCY 104.09-1.3%Nov 14 9:30 AM EST
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To: Rocketman who wrote (685)7/30/1998 1:26:00 AM
From: rkrw  Read Replies (1) of 3202
 
Rocket,
I trust that I didn't _incyte_ the powers that be into sending me into the land of the banished.
After seeing Mr Bluegreens posts on a number of threads about XOMA, including your own famous VD thread, I do not believe that his questions were designed to learn anything, hence my sarcastic response. Bluegreen has already made up his mind that this is a multi-billion dollar drug.

This specific deal on a micro level doesn't mean much. The much larger implications are whether there are literally tons of similar deals to be done in the coming years for INCY. Hand off a patent for small royalties and small warrant positions. The value of this could be astronomical looking forward 10+ years. If this is indeed the case, INCY is in the famous cat bird seat.
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