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


To: Sonny who wrote (3724)11/24/2000 10:45:36 AM
From: Gary Mohilner  Respond to of 5665
 
Thanks Sonny,

As TAP Technology proves itself to be an effective way to cure cancer, I believe your 4 split scenario should occur. My estimate would be in about 5 years. It won't stop there of course, but that's a big enough number to make even relatively small investors wealthy in the next 5 years.

5 years from now, IMGN should have 2 to 5 approved drugs, probably 10 to 30 more in clinical trials, and virtually hundreds of drugs pre clinically. Most of these drugs will be in partnerships where others are utilizing TAP Technology to develop drugs, IMGN will see milestone payments and royalties on those. Some of the drugs will be fully developed and majority owned by IMGN, while they'll cost substantial money to bring to market, their income potential is huge. In 5 years IMGN could still be a relatively small sized biotech company, but its pipeline should be huge.

Gary



To: Sonny who wrote (3724)12/7/2000 10:13:25 AM
From: Starfish*  Read Replies (1) | Respond to of 5665
 
Hi Sonny,
How about opining on IMGN TA for me?
I've been very lucky on my recent trades, but things chan change quickly!
Are we looking at 19 for support before Xmas?
Thanks,
*>< >