Thursday, February 09, 2006 11:36:54 AM
You are right, it takes years to bring any drug to market. Dnag has been working on their pipeline for years .. and they are making excellent progress ... so I'm not sure where your pessimism comes from.
The bottom line for me is that DNAG does not have to wait for FDA approval before we see a rise in pps. They are already generating revenue with their ancestry stuff, and it is easy to predict that these revs will increase with all the recent pubicity. Their forensic kits are becoming more and more widely used and I believe they are rapidly taking market share away from ORCH (which is crashing and burning as we speak). Check out policeone.com .... http://www.policeone.com/police-products/investigation/DNA-forensics/ DNAPrint is the featured forensic specialist.
Need I remind you of this headline ..
Sarasota biotech firm gets national nod for anemia drug
http://www.bizjournals.com/tampabay/stories/2005/04/18/story8.html
or this article in the New York Times ..
Rivals Laying Siege to Amgen's Near Monopoly in Anemia Drugs
http://www.nytimes.com/2005/12/23/business/23epo.html?pagewanted=2&ei=5088&en=401523d9538caa...
DNAG is going to be ok .. you don't need to try and save the world by discouraging any investment in this company.
Happy Trading
People who say it cannot be done should not interrupt the person doing it.
http://www.perry-mansfield.org/index_fl.html
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