News Focus
News Focus
Replies to #87877 on Biotech Values
icon url

DewDiligence

12/21/09 8:28 AM

#87878 RE: rkrw #87877

Designating the $30M as R&D reimbursement is a transparent attempt to circumvent the ISIS pass-through. This is the second or third time I’ve seen such a maneuver in a biotech license; I doubt it could stand up to legal challenge, but Teva and OGXI may figure the amount is too small for ISIS to bothering suing.
icon url

wallstarb

12/21/09 8:29 AM

#87879 RE: rkrw #87877

ISIS should move up - I honestly am now wishing I was short OGXI and long ISIS (I'm just long ISIS and not a ton)