Replies to post #145517 on Biotech Values

[DewDiligence]

Did Incyte Genomics ever recieve any royalties for the licensing of their cDNA sequences for novel drug discovery targets? Not sure that any of those targets came up with drugs.

There are no royalties as far as I know; I don’t think INCY’s proprietary gene sequences led to any commercial drugs from any licensee.

[DewDiligence]

Matt Herper’s blog on the “lessons” from HGSI buyout:

http://www.forbes.com/sites/matthewherper/2012/07/16/three-lessons-from-glaxosmithklines-purchase-of-human-genome-sciences

Among the companies whose gene databases ended up being worth nothing, Herper forgot to mention Hyseq.