InvestorsHub Logo
Replies to #79397 on Biotech Values
icon url

rkrw

06/11/09 6:57 AM

#79399 RE: DewDiligence #79397

What's notable and sad is the $6M included all future royalty obligations, if any. Metabasis is probably one of the biggest busts in biotech. Stock of course hopped after hours even though this barely extends them and wasn't a good thing.
icon url

genisi

10/27/09 1:29 PM

#85440 RE: DewDiligence #79397

MBRX sold to Ligand Pharmaceuticals for only $3.2M:

http://www.tradingmarkets.com/.site/news/Stock%20News/2603095/#