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Tuesday, January 07, 2014 9:26:37 PM
Great to hear that they are presenting at another conference this month. However... personally, I am not counting on any big news and will not be bothered if there is no big news.
I could swear that when questioned at the recent Oppenheimer conference, the CEO estimated max 1 or 2 Direct patient statuses this (entire) quarter, not month.
Sometimes companies go to annual conferences just to stay on the radar. I don't know how big either of these conferences are, but Genentech and many other big Pharma companies are located in the bay area, including south San Francisco. The San Francisco conference is probably a big conference.
I hope there is big news... but it won't bother me a bit if there is not. Big news is imminent, for sure, but whether it is that imminent is hard to say. We are watching the pot, waiting for it to boil.
On the other hand, it is a little strange that they would just now announce the San Francisco conference presentation only a week away. I think a week is too long to be holding news on the interim review; others may know for sure. So... if it is good news, it would most likely be on Direct. But as I said... the CEO did not want us counting on such in the immediate future.
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