Thursday, February 06, 2014 1:30:33 PM
I see you follow Astellas and other drug companies, thought you would like to look at a small company that has just signed an agreement with Astellas. The company is Mymetics (MYMX trading at .06) I have been watching them for years and believe they are the real deal, you might want to look at them. This agreement is what they have been trying to do for years; that is find a large pharma to support their vaccine candidates and sell before phase 3. This is what they just did. They will get 5 mil upfront and 82 mil for proof of concept and double digit royalty if successful, check out link. .06 seems undervalued for the potential here. They have total debt of about 50 mil but so what this one drug can mean ten times that amount.
Thanks in advance.
http://finance.yahoo.com/news/astellas-form-strategic-partnership-clearpath-112511741.html
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