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Biotech / Medical : Drug Royalty Corporation (DRI-TSE) -- Ignore unavailable to you. Want to Upgrade?


To: zwing_88 who wrote (94)5/13/2000 4:31:00 PM
From: thewiz  Read Replies (1) | Respond to of 96
 
The recent surge in biotech stocks was exciting. Too bad, it didn't
last. Take a glance at Drug Royalty [DRI.TO] - a venture capital firm
that invests in the royalty stream of established drugs. And unlike many
of the other emerging biotech stocks, DRI actually makes money and is
probably the least risky of the emerging biotech group, subject to
debate of course. In the 2000Q2, revenues surged by 76% to $4.4 million,
while profits skyrocketed by 96% to $0.8 million, or $0.02 per share.

The above is taken from the weekend version of Stockformation.