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Biotech / Medical : Neurocrine Biosciences (NBIX) -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (115)3/3/1999 1:11:00 AM
From: Larry Liebman  Read Replies (1) | Respond to of 1834
 
From what I read, the DHEA program was a l-o-n-g shot( and I assume most analysts had a similar prediction/predilection). The collaboration announced today(on the order of $78 million) is slightly less than the market cap of $97 million. With $66 million in cash, the tech value is $30 million with a company with 4(?) molecules in the clinic. Perhaps this is soon to be munchable!!!



To: LLCF who wrote (115)3/3/1999 7:18:00 AM
From: Laurens  Read Replies (1) | Respond to of 1834
 
On balance, I think the AHP deal
will overshadow the negative news.
I worked 17 years for Wyeth, and
I am very pleased they are going to work with NBIX.
AHP are not likely to start something
if there is not a pretty good chance of
getting to a marketable product.
Good news indeed!
Should put NBIX stock up at least $ 1.-
(AHP also has deal with LIPO. The latter stock has been doing great over
the past year)