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Biotech / Medical : MEDX ... anybody following? -- Ignore unavailable to you. Want to Upgrade?


To: tom r. phillips who wrote (804)4/15/2004 10:33:58 AM
From: Icebrg  Read Replies (2) | Respond to of 2240
 
I don't think one should read too much into that. At least not until Genmab has an approved product. The Copenhagen stock exchange has a very limited exposure to biotech companies, why it is reasonable to suppose that retail investors (who drive the price short-term) are not particularly well-informed about a the risks facing a company like Genmab. The share price has risen as more drugs have been pushed further into the pipeline, but it will crash badly if the company encounters problems. Something biotech companies invariably does.

Erik