It’s nice for EXEL that BMY has the confidence to renew the collaboration ahead of time, but these collaborations are not especially profitable for EXEL in the short run. I don’t see EXEL getting above $10 until there is more positive clinical data on the company’s in-house drug candidates. JMHO. Dew
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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