SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : IGT Pharma (V.IGT) Anti-Cancer Blockbuster!! -- Ignore unavailable to you. Want to Upgrade?


To: Stephen O who wrote (53)1/12/1999 1:46:00 PM
From: Spiney  Read Replies (1) | Respond to of 86
 
>>Tandem, they quote a study done by Ernst & Young that biotech companies on
average with a phase 1 trial had a market cap of $100 million, for phase 1 cancer drugs the average number is
$52 million. Compare that to IGT's mkt cap of about $8 million. We have a long way to go. <<

Who is Tandem? I didn't get anything from them and I'm on IGT's fax list.
I have heard those #'s tossed about before and it would be nice to see!!!
But...it seems that IGT needs to elevate their profile in the market before it moves up that much - this news should help a lot.

regards,
spiney