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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?


To: Cacaito who wrote (13937)7/3/2000 1:33:28 PM
From: aknahow  Read Replies (2) | Respond to of 17367
 
Cacaito, reaching $100 million in three years is not, repeat NOT, a spectular event. It has been done by AGN in the past. I thought this would indicate I understood how small the market is for an antiinfective in the opthalmic market. Take a hughe risk trying to get approval, going up against competition and the pay off is $100 million in sales after 5 years? That is not very dramatic and supports what you have posted in the past about this being a small market. Then I pointed out that with nothing in clinic approval will take more time so even assuming success one is looking at many years before one gets to $100 million in sales. Remember I posted some time ago that XOMA share is in the low double digits. I assume 10 or at most 13% royality or share of gross profits.

Apparently trying to provide a balanced post no longer works with you. Que passa?