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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (905)3/31/2000 2:37:00 PM
From: tuck  Respond to of 52153
 
Peter,

NEXL is one of the companies that Paramount/Aries is involved with, I believe via converts. The reverse split thickens the plot some.

Particularly because I have a shred of evidence that they just bailed out of ENZN a few weeks ago (link supplied by PM upon demonstration of interest). Could they be bailing here, too?

Cheers, Tuck



To: Biomaven who wrote (905)3/31/2000 3:14:00 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 52153
 
Nothing that I say in the third paragraph is relevant to a current investment in NEXL.

I have nothing against their current business plan. It's basically something that didn't fit with Baxter's concepts of what margins should look like, IMO. I have had modest interactions with the old Baxter unit for years. Good science, difficult in coming. We're talking about standardized procedures for the isolation of NEXL gets the bennies of all that hard work, and of that from CellPro. Richard Reeves is the guy to consult here.

There is plenty of discussion of NEXL in the BVF thread. It derives from, IMO, the definitive "bait and switch" business plan for biotech, VimRx. Those days are gone.