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


To: DewDiligence_on_SI who wrote (10)4/12/2006 1:49:40 PM
From: rkrw  Respond to of 210
 
Combined company market value of roughly $220M doesn't seem so low to me for a phase I company. Strong cash position but probably a high burn rate. I don't think they could have done better in an ipo today. Good for both companies shareholders. imo.

Given infi and mgt could be liable if there were a conspiracy to cover up something ominous, that idea seems far fetched. Probably no more risky or less risky than any other early stage bio out there. I think it is what it is, a nifty, easier and cheaper way to get public, get liquid and access public capital to build a company.



To: DewDiligence_on_SI who wrote (10)4/12/2006 1:50:53 PM
From: dr.praveen  Read Replies (1) | Respond to of 210
 
I was surprised it was DPII at first, but DPII is a better choice
because it is a public co with some cash, no overhangs like dpii drugs and debt.(In the case of predix merger with epix)

I can't see any dark clouds on its drug pipeline. I am sure they will be more PR from Infinity which will lift it's stock:-)

PS: Any plans to get in?