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surf1944

08/22/11 12:49 PM

#134 RE: surf1944 #124

The cost per patient for Adcetris may run up to $121,500 or even higher, to treat two rare blood cancers. Having seen Dendreon's implosion, some investors are selling.

http://www.minyanville.com/businessmarkets/articles/seattle-genetics-adcetris-hodgkin-lymphoma-asct/8/22/2011/id/36485?camp=syndication&medium=portals&from=yahoo

On the other end, Canaccord Genuity analyst George Farmer views those estimates as “unrealistically high” and predicts just under $200 million in sales by 2018. He recommends selling the stock and maintains a $10 price target on the shares.