There is a great web site that is extremely informative and is also very positive about the prospects for thalidomide. Amazingly, it is the Thalidomide victims association.
The web address is www.thalidomide.ca
It is a Canadian group whose president is working closely with celgene. They have recently written that they have completed the labeling for Thalidomide and that final FDA approval is certain by month end.
Anyone with any interest in this stock must visit this site as it comes not from hypers but actual victims. This sheds light as to what is happening.
After reading the latest articles my only cofusion is, why isn't this stock taking off. I have a feeling that everyone is waiting for the actual Green Light from the FDA. And, my opinion is, after reading about what can be done with thalidomide, that as soon as Celgene gets the green light, it will be off to the races.
Does anyone out there know if celgene gets an exclusive on the drug for any use for a certain period of time? Also, even if other companies suce as ENMD get into the thalidomide game ffor other uses, can't a DR. still subscribe celgene's version for that use. Isn't it the same drug? Clarification on this issue may help many of us.
this is probably your last best chance to get in at the $10 mark. the big boys will be in after, not before , but after approval. that means probably heavy volume after the announcement......get in before the big boys for a change and ride the celgene wave( tidal wave,we hope). less than a week to go boys...don't be cautious now...be aggressive. you either believe in celg or you don't...move NOW while you still have a chance. thank me later!
My friend works at Celgene and she said for sure it's supposed to go up to 17. She told me to wait. Glad to see you agree. Celgene has also been written up in some magazine articles recently about the drug being passed by the FDA.
We always appreciate good info...I'll check out the web site. In answer to your questions about physicians prescribing thalidomide: yes, they can prescribe off-label, as more than 50% of drugs are prescribed off-label. It's going to be very interesting to see how much off-label use thalidomide gets, because of the perception of the drug.
Could one of you smart men tell me why CELG is so slow? I bought it at 10 1/4 and it just floats between 8 and 9. Also, what is the thalidomide really supposed to do and do you think it will get the FDA approval soon? I'm tired of waiting, but will continue to sit on it.