Biotech Values

[DewDiligence]

[OT] Repligen:

When you can’t distinguish between news and News!, it can cause problems. Pity this poor soul from the Repligen board:

http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=7077223&tid=rgen&sid=707...

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The breaking non-news was this:

http://biz.yahoo.com/prnews/040203/netu036_1.html

Why is this CTLA4 patent not bona fide news? Because Repligen announced that the patent was in the bag several months ago. Today’s issuance from the PTO was a mere formality.

For fun, look at today’s chart (the patent PR hit the newswires shortly after 2:00pm):

http://finance.yahoo.com/q/bc?s=RGEN&t=1d&l=on&z=m&q=l&c=