Replies to post #171636 on Biotech Values

[DewDiligence]

Intrexon (XON) SVP bought ~$26M of stock on the open market between 2/28/14 and 3/4/14 at an average price of about $26:

http://www.sec.gov/Archives/edgar/data/1283518/000149890214000023/xslF345X03/edgar.xml

The share price is up about 16% since these purchases.

[DewDiligence]

Several XON insiders recently bought stock on the open market; CEO Randall Kirk bought ~$1M worth on 5/9/13-/5/13/13 (see first link below):

http://www.sec.gov/Archives/edgar/data/1091823/000114036114020588/xslF345X03/doc1.xml

http://www.sec.gov/Archives/edgar/data/1298709/000149890214000058/xslF345X03/edgar.xml

http://www.sec.gov/Archives/edgar/data/1298711/000149890214000059/xslF345X03/edgar.xml

http://www.sec.gov/Archives/edgar/data/1356090/000149890214000057/xslF345X03/edgar.xml

http://www.sec.gov/Archives/edgar/data/1356090/000149890214000056/xslF345X03/edgar.xml

http://www.sec.gov/Archives/edgar/data/1356090/000149890214000060/xslF345X03/edgar.xml

http://www.sec.gov/Archives/edgar/data/1356090/000149890214000062/xslF345X03/edgar.xml

The last few transactions above were tokens (especially the 640-share purchase by the CSO); however, the aggregate amount of all the buys was about $1.8M. These buys are in addition to the $2.6M purchase by an SVP in Feb-Mar 2014 (http://www.sec.gov/Archives/edgar/data/1283518/000149890214000023/xslF345X03/edgar.xml ).

[DewDiligence]

XON acquires (private) Trans Ova Genetics for $90M in cash+stock (and $20M contingent payments):

http://finance.yahoo.com/news/intrexon-acquire-trans-ova-genetics-204600890.html

Intrexon Corporation…today announced it has entered into a definitive agreement to acquire Trans Ova Genetics, L.C., an industry-leading provider of bovine reproductive technologies.

…Over the past 5 years, Trans Ova has doubled its revenues and become the largest producer and supplier of bovine embryos in the United States. Intrexon and Trans Ova intend to build upon Trans Ova's current platform with new capabilities to allow for even higher levels of delivered value to dairy and beef cattle producers.

...According to…the United Nations, global demand for animal protein will double by 2040 driven by population growth and changing consumption patterns… and global consumption of beef and dairy products will increase 158% by 2050, based on population expansion above 9 billion people.

See a related discussion regarding Monsanto in #msg-103799578.

p.s. XON insiders have done some open-market buying in the past two months (#msg-102129137).