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


To: rkrw who wrote (16248)3/29/2005 11:17:07 AM
From: Icebrg  Respond to of 52153
 
Another biotech trading below cash is AXYX. According to the December 10-K, cash was about 90 mUSD and the market cap is now 65 mUSD (according to Yahoo).

Unfortunately they don't have much in the pipeline. Someone might buy them to get hold of their cash or they may acquire something themselves. Phenserine appears to have been brought to a halt in a one-way fashion.

Erik