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


To: Biomaven who wrote (5285)12/30/2001 10:57:59 PM
From: Vector1  Read Replies (1) | Respond to of 52153
 
Peter, it will certainly be an interesting conference call. Didn't SmithKline invest in Coulter about 6 months before its BLA was refused. Lets hope the problems are minor in nature. I think the drug has some efficacy so patients will be suffering while the FDA makes them wait.
V1



To: Biomaven who wrote (5285)12/31/2001 9:34:09 AM
From: Elmer  Respond to of 52153
 
Given the continued uncertainty in IMCL until the Co. meets with the FDA, I would think the stock drifts down for a while.

The questions by the Goldman Sach analyst were right on. A new IRC may get a new conclusion on efficacy.



To: Biomaven who wrote (5285)12/31/2001 10:16:04 AM
From: Ian@SI  Read Replies (1) | Respond to of 52153
 
Peter,

Looking at the chart for IMCL, siliconinvestor.com , if it breaks down below $40, there doesn't appear to be any support before the mid 20s.

Would you still buy in the mid 30s? Am I dreaming that mid 20s may well be seen again????

Would you wait until after the January FDA meetings determine whether or not a further clinical trial will be needed to gather the additional data?

Thanks,
Ian

P.S. Happy new year and best wishes to you as well as the many other contributors here.