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Replies to #54930 on Biotech Values
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iwfal

11/18/07 1:22 PM

#54932 RE: DewDiligence #54930

Whether or not it is sold OTC, it’s not a drug. The competition consists of the OTC supplements from such companies as BOL. It has nothing whatsoever to do with Lucentis.

You say 'patent medicine', I say 'drug'. What matters is:

a) Is it by prescription?

b) Is it paid for by insurance?

c) Is it patent protected?

d) Is it efficacious vs competitive treatment?

If it meets these criteria than it has pricing power. And Lucentis is a comparable entity from the only perspective that matters on a stock board.

PS Of course if it is sold as OTC then you are right; comparison to Lucentis is somewhat misleading.

Clark