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Biotech / Medical : Biotech for less than cash value -- Ignore unavailable to you. Want to Upgrade?


To: BulbaMan who wrote (490)12/30/2018 4:10:59 PM
From: rkrw2 Recommendations

Recommended By
ghmm
keokalani'nui

  Read Replies (3) | Respond to of 684
 
Top level screen would be sub cash, no debt, two or more years cash on hand.

AGTC, CYCC, TRVN, JNCE, VICL, VBLT, NLNK, IMDZ, CYTR, CMRX, CBIO, NVIV, TENX, ARAV, MNLO, ACHN, ETTX, ADRO, SRRA, PTIE, PRTA, ZYNE, AKBA, CLBS, ADVM, MLND, SCPH, EDGE, PIRS, CALA.

Looking back, using a cut of 12/31/07. Around an equal number of bankruptcies to takeovers. Some reverse merges.

The biggest discounts to cash went bankrupt: AGIO (debt load), TPPH, OSCI (debt), PANC, CJC (debt).

Biggest winner by far was INHX, bought by Bristol. $25m market cap, $56m cash, small burn rate.

ANDS was another winner, HCV play, acquired by Merck.

Of the smallest 35 market caps at that time, not counting reverse merges, quick glance, the only ones still around are PTN and TKM (ABUS).