Will make a few people miss out on the opportunity of a lifetime! !
Cramer totally left out the company selling 6.5 billion of assets and a current market value of just 4.5bill.
He is an I-D-I-O-T!
The company has a market cap of $4.5 billion here at 9 and is selling $6.5 billion of assets! !
Long term care has been solved!
Even still the sales of assets over market cap of the entire company! !
What were you thinking Jim??
Go back on and give a more complete analysis!
Here is the 2009 SGEN deal, note, before the deal, looks like it was shared with Millennium. Even before the phase 2 price SGEN was around $10. Very rare to see $1.20 at the stage Prana is at.
December 15, 2009 – Seattle Genetics, Inc. and Millennium: The Takeda announced that Seattle Genetics and Millennium have entered into an agreement to globally develop and commercialize brentuximab vedotin (SGN-35). Brentuximab vedotin is an antibody-drug conjugate (ADC) targeting CD30 that is in late-stage clinical trials for the treatment of relapsed and refractory Hodgkin lymphoma (HL) and systemic anaplastic large cell lymphoma (ALCL).
Data from a pivotal phase II trial of brentuximab vedotin in relapsed or refractory HL, which is fully enrolled, are expected in the second half of 2010. The trial is being conducted under a special protocol assessment with the U.S. Food and Drug Administration (FDA) and is designed to provide the basis for regulatory submissions in the United States and Europe in 2011.
Under the collaboration, Seattle Genetics will receive an upfront payment of $60 million and retains full commercialization rights for brentuximab vedotin in the United States and Canada. The Takeda Group will have exclusive rights to commercialize the product candidate in all countries other than the United States and Canada. Seattle Genetics is entitled to receive progress- and sales-dependent milestone payments in addition to tiered double-digit royalties based on net sales of brentuximab vedotin within the Takeda Group’s licensed territories. Milestone payments to Seattle Genetics could total more than $230 million. Seattle Genetics and the Takeda Group will jointly fund worldwide development costs on a 50:50 basis. Development funding by the Takeda Group over the first three years of the collaboration is expected to be at least $75 million. In Japan, the Takeda Group will be solely responsible for development costs.
Sentiment: Strong Buy
By John Goreham G+ 2015-04-30 14:49 - google it and you will understand that Musk is wrong about hydrogen fuel cell electric vehicle and it is understandalbe that he denies the competitiveness of hydrogen fuel cell electric vehicle as he is stuck with batteries for his EVs.
A study continuation does NOT equal study failure! Most Phase 3 trials don't stop at the interim phases and typically go through full study completion before it's known if the drug is effective or not. Since the results of the Phase 2 study were so exciting, I think the market expectation is that the Phase 3 will stop early (and it very well may), but if it doesn't the world will not come tumbling down... Sure, we'll take a hit on the pps, but it will stabilize and we'll wait until the 444th event occurs. With that said, I still feel there is good chance the study will stop, but if it doesn't I'm not going to panic and sell..
schroe - IV vs oral treatments. Do they really have to ponder over which method will be more be efficacious? It doesn't seem too difficult to reach the right conclusion.
Bristol Myers Squibb and Eli Lilly are working with aldoxorubicin
So just how bad is the oil field employment down there? My nephew was laid off from his fracking job. From what he sounded with no time frame of when he would be back to work. I guess I am looking at this from a employment stand point across the US also. Supposedly down in the major oil fields you have major cities springing up like gold rush days.
Other than oil, looking to see what this does to the US economy. Doesnt seem my nephew has many job prospects at the moment
Maybe I'll sell some 8's and pick up some fast cash although I won't risk it all just in case in does spike.
Nothing but Sillerman, longs and a few flippers left. Viggle is trying hard with lots of TV commercials etc. and is rapidly gaining tracktion and users. Q3 results will still be red but so was Facebook, twitter, Netflix and lots of other big players in their early years. I'm not saying this is the new facebook, but there is huge potential and they have got the right moneyman backing them. The latest surge has come with no news whatsoever so just imagine what will happen with the slightest of positive news. Viggle is undervalued and ready for a big pop. GLTA
I think they will try and take her down here on this news. But I predict that this will not last long as this is good news for MCP. no matter what CB says.................
Bring back Stanley Myron Kederski
A man that helped us land on the moon
Crecy had hi thrown off the board-WHY ?????????
if you truly cared about people you would allow them the dignity to become all they can be via their own intitaitve, hardwork, ingenuity, and sacrifice. For those who cannot exercise individuality due to physical or mental incapacity etc, we have always taken care of them and always will. Instead, under the guise of "caring" or "fairness" you libs promote, in fact insist on, total government involvement and control over almost every aspect of one's life to the point of dependency. But that's your point anyway, right, government dependency?
ISIS, the Confederate battle flag and the swastika are not religions stup1d id1ot. You can't even spell swastika right. We have a tenth amendment too m0r0n that gives states and their people rights.