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Re: DewDiligence post# 3424

Wednesday, 04/15/2015 2:12:55 PM

Wednesday, April 15, 2015 2:12:55 PM

Post# of 108192
I was reading thestreet.com pieces regarding ADRO vs ADXS valuation and they mentioned that upfront payments for partnership is one of the factors. Not much discussion on technology other than that they are similar. If the market is efficient, then I have to guess that ADRO's tech and pipeline must be a lot better than ADXS. That and $100M in the bank would explain the difference in MC. Nevertheless, I don't think the insiders are stupid and leave $100M on the table so the value of ADRO must be inflated now.
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