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Replies to #13001 on Biotech Values
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masterlongevity

07/07/05 4:04 PM

#13002 RE: DewDiligence #13001

touche
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Biopharm investor

07/07/05 5:35 PM

#13006 RE: DewDiligence #13001

one better

>>New Avastin projection from CSFB... $5.5 billion in US sales in 2008... wow!!<<

"Yawn… Provenge is expected to do $9 billion: #msg-6874497 :-)"

That's nothing! Longs on the GNTA board were absolutely convinced Genasense would surpass Lipitor to become the best selling prescription medication in the history of healthcare with annual sales of $9.5 billion --- and that was just in the first 8 lead cancer indications alone! PPS predictons were, as I recall, in the $2500/share territory.

The fact there wasn't a single late-stage completed trial at the time those lofty projections were made was just FUD being spread by the paid bashers to steal shares from the longs.

Top that.

Regards,
BI