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Biotech / Medical : AMLN (DIABETES DRUGS) -- Ignore unavailable to you. Want to Upgrade?


To: D.Right who wrote (964)11/20/1997 6:46:00 PM
From: David Bogdanoff  Read Replies (1) | Respond to of 2173
 
DR:
I believe the patent protection is now 19 years from the date granted, not the start of marketing. Althought patents are not forever, most companies can effectively extend the patent by developing more advanced versions of the drug and getting new patents. More importantly, AMLN is not a one product company by any means, which can be ascertained by looking a recent news of deals with other companies.

David

PS: Many followers of Murphy feel that his earnings estimates are much
too high. My own view of AMLN's worth is determined more by J&Js
financial committment to it.