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Re: zake1 post# 4720

Tuesday, 03/06/2007 9:03:12 PM

Tuesday, March 06, 2007 9:03:12 PM

Post# of 6489
What I read into the agreement is Insmed will do what it does best which is research and development and Tercica/Genentech and DNA will do what they do best which is commercialization. It think is a great strategy...establish a business framework/partnership to leverage the differentiating strengths of both, and share the cost and profit. This also helps enable one of Insmed's core values which to bring the science to people who really need it. I think they struck a great deal in terms of who and what Insmeds wants to be and their mission! I think the market will respond favorably...I expect a small increase tomorrow....they are now a viable and solvent business!!!!!!!! Great buy under $2 IMO
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