Wednesday, February 14, 2018 5:48:26 PM
On market cap it is as if Larry Smith is negotiating for large pharma. It's been that way for a while. He's a fan of BMY.
Nonetheless, he concedes the valuation could go much higher.
Of course it could. DCVax-L is meant to treat all operable solid tumors. That is speculative vale. If it is approved for nGBM, the value perception for other future indications will rise dramatically. IMHO.
Nonetheless, he concedes the valuation could go much higher.
....this could result in perhaps a $5 billion market valuation at some point. Please note that I am basing this on the perception. If indeed, DCVax-L is approved for newly diagnosed GBM, I think the valuation could be meaningfully higher.
Of course it could. DCVax-L is meant to treat all operable solid tumors. That is speculative vale. If it is approved for nGBM, the value perception for other future indications will rise dramatically. IMHO.
Respect Risk. Conduct Your Own Due Diligence. Manage your assets wisely. Diversify.
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