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Biotech / Medical : Imclone systems (IMCL) -- Ignore unavailable to you. Want to Upgrade?


To: CPAMarty who wrote (555)3/30/1999 11:55:00 PM
From: 5,17,37,5,101,...  Read Replies (1) | Respond to of 2515
 
I was just reading Cruttenden Roth report on IMCL dated Q1/98

Target price: $16 for the end of 1999 based on DCF (so I assume it may be a couple bucks higher now because approval is a year closer and Merck deal probably better than expected.)

Approval of C225 expected mid2001

Around mid99 we should expect results from C225 renal cell PII and
a IND filing for antiangiogenesis drug which is expected to be early in its class (ie frontrunner)

This info available from local library.

JAckson