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


To: Dr. John M. de Castro who wrote (222)6/12/1998 2:26:00 AM
From: Czechsinthemail  Respond to of 399
 
John,
It wasn't my intention to minimize the significance of the Wyeth-Ayerst collaboration. My question was more whether the stock might weaken upon the realization that it wasn't new business but a continuation of old business.
I like ARQL and have been surprised at its stock weakness recently.
regards,
Baird



To: Dr. John M. de Castro who wrote (222)6/16/1998 11:17:00 AM
From: StockDoc  Read Replies (1) | Respond to of 399
 
You wrote: "... ARQL's profitability will occur when its molecules become drugs and are marketed. This is a clear indication that the development in this direction is going very well ..."
I'm not clear on why this is good. Will this profitability be the standard time from discovery to market (usually 10 to 20 years)? Or do you have info on some specific compounds that could make it faster? Should not they just sell their early stage discoveries to big pharma or whoever to become profitable well before marketing those drugs?
StockDoc