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Replies to #51347 on Biotech Values
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croumagnon

08/22/07 6:48 PM

#51349 RE: DewDiligence #51347

ZGEN now has unfortunately become a tax loss stock for this year. Irrespective of the promise that will materialize on Jan 17, I suspect many will shoot first and ask questions later. The stock is already trading down about 10% in after market but I suspect there will be more blood tomorrow.

IMO, Below $10 ZGEN is a strong buy but until then it is a risky stock for the remainder of 2007...
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DewDiligence

08/23/07 1:28 AM

#51360 RE: DewDiligence #51347

Amusing: one of the analysts on ZGEN’s CC asked why ZGEN had not submitted the fill/finish data from Raytheon earlier in the FDA’s review of the BLA so that there would not have been a delay for the FDA to have time to examine these data.

Quiz: What company should the analyst have been asking about instead of Raytheon?
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genisi

08/23/07 2:09 AM

#51363 RE: DewDiligence #51347

ZGEN
The ZGEN delay is positive to OMRI who should get its own Thrombin approval, which is only two weeks away on Sept. 6th.