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Replies to #72454 on Biotech Values
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cooldrinkh2o

01/30/09 6:29 PM

#72471 RE: DewDiligence #72454

Thanks Dew.

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acgood

01/31/09 5:17 PM

#72503 RE: DewDiligence #72454

Re: biotechs trading below net cash

Perhaps with a bit of effort we could whittle these down into another table similar to the "Phase III drugs looking for a home."

Here are a few subtractions from the list:
-ARDM, BLUS, TTP, VION: are now PK or OB status
-CRTX, CTIC, ISV, OSCI: debt appears to exceed cash now
-ARQL, AVRX, NEOL, NKTR: trading well above cash levels

And one addition:
-CEGE