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Biotech / Medical : Biotech Valuation
CRSP 55.11-2.6%Nov 7 9:30 AM EST

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To: LLCF who wrote (155)4/12/1999 4:34:00 PM
From: LLCF  Read Replies (1) of 52153
 
To: David A. Kincade
From: David A. Kincade
Monday, Apr 12 1999 4:32PM EST
-Preview-

Comp # Sh(mil) $(mil)$/shr Price Cap(mil) %$/Val 98'Exp* Revs* Burn Sales Sls/Exp Insidr
OSIP 21.4 $22 1.04 6 $128 17% 31.0 19.5 52% 0 0.1
BTRN 8.6 $20 2.33 2.125 $18 110% 17.2 8.0 46% 0 0
*CEPH 28.7 $60 2.09 12 $345 17% 74.6 15.6 98% 21 28% 0
CORR 24.4 $50 2.05 10.5 $256 20% 73.2 41.9 63% 20 27% 5
TTP 13.1 $10 0.76 3.5 $46 22% 11.5 0.0 115% 0 0.2
MLNM 34.2 $150 4.38 30 $1,026 15% 139.0 133.7 4% ? 0
INCY 29.3 $110 3.75 19 $557 20% 133.0 134.8 -2% 170 128% 0
MBIO 19.6 $57 2.91 5.5 $108 53% 18.7 8.1 19% 0 0
AXPH 30.0 $72 2.40 4 $120 60% 78.6 47.4 43% 0 0.36
*SIBI 9.5 $13 1.37 5 $48 27% 25.5 7.0 142% 0 2.14
ONXX 11.4 $20 1.75 6 $69 29% 30.6 9.3 107% 0 0.04
*LGND 35.0 $53 1.51 9 $315 17% 87.0 25.0 117% 20 23% 0
GLFD 19.6 $120 6.14 10.5 $205 58% 50.3 12.5 32% 6.6 13% 0.5
GLIA 10.1 $25 2.47 22 $223 11% 30.0 17.3 51% 30 100% 0
NPSP 12.5 $40 3.20 8 $100 40% 23.4 3.6 50% 7.5
CTII 18.4 $12 0.65 1.25 $23 52% 22.3 8.8 112% 0 0.15
CELG 16.4 $18 1.06 16 $263 7% 28.0 3.8 138% ? 0.08
PARS 37.0 $2 0.06 1.5 $56 4% 6.1 1.5 200% 1.2 20% 0.06
*ALKS 24.9 $171 6.87 28 $697 25% 45.9 40.0 3% 0
MEDX 31.3 $30 0.96 3 $94 32% 29.2 6.7 75% 0
GELX 16.0 $110 6.87 14.25 $228 48% 41.1 32.7 8% 0
PGNS 17.2 $65 3.79 12 $206 32% 62.6 61.1 2% 4.2
CGPI 8.6 $10 1.17 8.5 $73 14% 16.0 3.0 130% 0.28
NBIX 18.8 $59 3.14 5 $94 63% 28.5 16.0 21% 0 0.1
PCOP 20.2 $52 2.57 6.5 $132 40% 105.7 92.2 26% 0
PDLI 18.6 $140 7.53 14.4 $268 52% 40.0 30.0 7% 15 38% 0.5
VRTX 25.3 $245 9.67 24 $608 40% 77.5 44.5 13% 0
CLTR 17.3 $130 7.52 19 $329 40% 40.0 34.0 5% 0.48
ABGX 14.0 $55 3.93 14 $196 28% 21.0 3.8 31% 0
SNAP 10.7 $56 5.23 7 $75 75% 19.0 9.0 18% 0 1.6
MOGN 15.0 $17 1.13 8.75 $131 13% 15.1 17.6 -15% 13 86% 0
SUPG 20.4 $13 0.62 11 $224 6% 19.5 3.0 130% 0.3
AVIR 15.7 $95 6.05 19.5 $306 31% 56.6 1.0 59% 0
PCYC 12.3 $45 3.66 16.5 $203 22% 16.0 0.0 36% 0
LKST 11.90 $27 2.23 8.25 $98 27% 23.8 12.0 45% 0.6
REGN 31.00 $113 3.65 6.25 $194 58% 17.0 9.0 7% 15 88% 0.6





*Revs & Exp in Millions
ALKS 9 month data,SIBI lawsuit not included,LGND warrants not included.
CEPH recent financing not included.
Insider is $val in millions purchased by ANY filer in the past year @ mkt prices
Sales is MY estimates for '99…. Feel free to "chip in" Please!
Sls/Exp is my lame attempt to compare "sustainable" revenues to expenses,ie. 100% would supposedly be sustainable 0 Burn.


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