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Biotech / Medical : SangStat Med. (SANG) - 10 of 10 analysts say Strong Buy -- Ignore unavailable to you. Want to Upgrade?


To: Doug who wrote (115)6/9/1998 3:18:00 PM
From: Richard Haugland  Respond to of 184
 
SANG Upgrade (copied from Yahoo Board)

Here's comments on uptick from Motley Fool lunchtime today:

Organ transplant pharmaceutical developer Sangstat Medical Corp. (Nasdaq: SANG) gained $2 1/4 to $27 11/16 after naming Jean-Jacques Bienaime president and COO. Salomon Smith Barney started coverage of the company with a "buy" rating and set a 12-month price target of $60 per share.



To: Doug who wrote (115)6/9/1998 3:28:00 PM
From: Richard Haugland  Read Replies (1) | Respond to of 184
 
Doug, sorry I am zero for five on your questions. Although I am a chemist and business owner, I don't know the economics of the pharmaceutical or medical fields. I would expect manufacturing margins to eventually be very high like most drugs but there are a lot of costs to amortize. From what I understand about liability, the patients are always required to sign informed consent forms to take care of much of this and the treatments that SANG is developing are far from guaranteed to be successful in all cases.

From what I read on the SANG Novartis board, it is far more likely that SANG will be sued by Novartis:

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