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Biotech / Medical : Immunex

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To: Roger Cranwill who wrote (321)5/12/1999 3:45:00 PM
From: DJ  Read Replies (1) of 656
 
Roger, I think this is a classic case of a biotech company that has been R&Ding for years (since 1981) and finally is seeing products come to market. Not atypical in this industry where 10+ years may be needed for product development, even in well-managed companies with top scientists.

The interesting question is: since IMNX stock limped along for so long before Enbrel was announced last year, what are the other winning biotechs out there that are in a similar position that IMNX was in in 1998--about to take off. Any insights out there?
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