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Biotech / Medical : CRIS, Curis (formerly CBMI) -- Ignore unavailable to you. Want to Upgrade?


To: Brett Nelson who wrote (101)1/24/1998 5:18:00 PM
From: Harold Engstrom  Read Replies (1) | Respond to of 668
 
I've heard a royalty figure for OP-1 from Stryker upon approval of roughly $80MM per year. That number could be totally bogus, but if true it would support a much higher stock price. If OP-1 proceeds on other indications like renal failure, then milestone payments and royalties from Biogen would pile up as well. So, I think a significantly higher price would be appropriate if these scenarios play out.



To: Brett Nelson who wrote (101)1/30/1998 6:57:00 PM
From: Boyce Burge  Read Replies (1) | Respond to of 668
 
I understand the results of the bone knitting clin trial of OP-1 will be announced in New Orleans on 20 March. Based on that date and a probable favorable report, I think we will see a gradual rise to about $10/sh up to the 20th, and then maybe a pop to 12 on the good news, if it is good news.

since fda approval will still be a ways off, I would guess it would subside to 10-11 within a few days or weeks after that.

Bad news, and we will see it at 6....