Replies to post #166096 on Biotech Values

[DewDiligence]

BIND prices IPO at $15/sh:

http://finance.yahoo.com/news/bind-therapeutics-announces-pricing-initial-231600701.html

See #msg-91754718 for the S-1.

[DewDiligence]

Surgical glue being tested by Gecko Biomedical (private) appears to be a bona fide breakthrough product:

http://www.bostonglobe.com/business/2014/01/09/for-heart-surgery-glue-replaces-needle-and-thread/TIsdQETg0PV7C0g0FKNM3K/story.html

The glue is the invention of Jeffrey Karp, a bioengineer at Brigham and Women’s Hospital, and MIT super scientist Robert S. Langer…

Langer is the founder of myriad biotech companies (including MNTA and BIND). In due course, Gecko plans to seek initial regulatory approval in Europe, where the threshold for approval of medical devices is very much lower than in the US.