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


To: aknahow who wrote (2166)11/30/2000 1:20:05 AM
From: scaram(o)uche  Read Replies (2) | Respond to of 52153
 
George:

Don't know much. To my knowledge, the antigen was described by Koprowski's lab years before Ingene ever worked with it. It's at least 15 years out from an initial description, and it's expressed on normal epithelium.

That's the downside. I wait for data to point at the upside. No bias.

What does Steve Carroll say, when you get him away from Scannon and ask for the truth? Steve is very good, and he's honest.

>> My point was that part of the past research expenses have been transformed into a partnership package with BAX. <<

Your point is clear, and it was clear the first time. There are now over 60 million shares out. The research premium isn't zero.

Dellio et al. can put product in bottle as well as anyone. Genentech made a wise choice.