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Replies to #20215 on Biotech Values
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io_io

12/12/05 9:25 AM

#20216 RE: DewDiligence #20215

MYOG

Isn't this a big unmet need, where everything else failed due to placebo issues ?

OTOH, it's only one of two needed phase IIIs.
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rkrw

12/12/05 10:08 AM

#20228 RE: DewDiligence #20215

For whatever reason there's been a ton of shorts in myog. So it could be a lot of short covering. otoh the data looks to be best in class, superior efficacy and safety. Actelions tracleer is running at >$500M/year. If the data holds up, the move may well be justified in the long term imo. And as you say this isn't even myog's most important drug. myog bottomed at around $6 bucks I think.