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Biotech / Medical : AtheroGenics, Inc.{AGIX}-nasdaq -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (164)12/22/2005 6:58:14 PM
From: Miljenko Zuanic  Read Replies (2) | Respond to of 332
 
Actually, for $50M AZN bought “option” for all 1067 right. Does anyone know are this $50M repayable IF ARISE trial failed?

On the other hand, deal is very lucrative for AGIX IF ARISE is success. Royalty are probably in 20-30% range (maybe going to 35%) for the drug that have relatively large market potential (depend on results for other indications).

Bottom line, IMO this will continue to be true binary event for 2H-2006, unless AZN had opportunity to luck on "blinded” results at selected sites!!!!

Miljenko

PS: AZN also have another interesting (multi $BBB) late stage PIII candidate for stroke, with RNVS.



To: tuck who wrote (164)1/9/2006 2:16:43 PM
From: kenhott  Read Replies (1) | Respond to of 332
 
<So much for my hedging strategy. To the amazement of AGIX shorts everywhere -- and some longs -- Medford delivers a partnership>

Is it too late for me to say that I am long??

Bottomline is, are you going to believe AZN or me? lol.