"Spin it however you want but Peregrine = Sunrise and Avid. Everything else is either moving in slow motion or too far out to even begin speculating on."
If ALL THAT PPHM WAS was SUNRISE and AVID...we are still talking about a blockbuster drug and a very successful manufacturing capacity.
BUT HAVE YOU REALLY FORGOTTEN ABOUT THE AMAZING BREAST CANCER RESULTS? Anyone who thinks that these results have been forgotten or are "too far out" must have selective amnesia.
I don't know what the Bavi/Sorafenib results will look like...but the truth is that Bayer will be very interested in a combination that enhances Sorafenib's results without adding toxicity. And these results are NOT far out....they could become available in coming months.
And then there is the whole list of IST's...yes they take time...but presumably every one knows that all biotech trials take time...biotech investing is not for the impatient.
And of course you overlooked the Bavi/Yervoy Phase trial...and the dozen or more Bavi/immunotherapy preclinical trials which have been mentioned on the companies presentations. You say that you like many "irons in the fire". Good. So do I. And that is exactly what these IST's and preclinical trials are about!
YES IT IS FULL STEAM AHEAD. And todays announcement of 62 trial sites was good news for all shareholders! MONTHS ,NOT YEARS!