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Biotech / Medical : Incyte (INCY)
INCY 106.27+4.1%Nov 24 3:59 PM EST
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To: Rocketman who wrote (774)11/4/1998 9:35:00 PM
From: Craig Lacy  Read Replies (1) of 3202
 
I think you guys are making more out of this than is there. Just because INCY has a patent on genomic sequences does not mean that they have a marketable product, the just own information and that information is available to anyone who wants to start sequencing DNA, RNA or protiens. Now, while this may give the company exclusive rights to gene therapy for people with kinase problems (likely a small percentage) other companies can still use the genomic information which is carried in all of us, to develop drugs which solve a medical problem, while not infringing on the company's patents. In other words, my opinion is that while this company has the rights to these sequences and can share this info with perspective buyers, it does not exclude other companies from attaining the information for themselves and developing products based on that information without having to pay royalties.

PS I am a shareholder.
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