Thu, Aug 28, 2014, 10:18 AM EDT - U.S. Markets close in 5 hrs 42 mins

Recent

% | $
Quotes you view appear here for quick access.

Astex Pharmaceuticals, Inc. Message Board

  • duragen duragen Sep 22, 2004 3:59 PM Flag

    Can MOGN ask for a refund?

    Their 40 million is now worth under 23 million.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Duragen your an ass. Get off the board. Goddamn all ya have to do is read the Fuckin news. MOGN is gonna make big bucks off Dacegon Drug. SUPG willmake money off the royalty rights. But goofs like you think your gonna scare people into selling or just upset them off a message board. Ya know what I made nice money off WMGI today and my hold on SUPG is just that. A long term hold. Post on this board in a year and we will see who was right about SUPG.

    • I assume that you're only joking, but seriously I don't think MOGN invested that money for SUPG's stock to appreciate as much as they did to close the dacogen deal. Future Dacogen revenues will more than compensate them for any small loss in SUPG equity. As CVA had stated, it was merely window dressing to help demonstrate to shareholders that the stock was worth more than the $6 range. It says nothing, however, about what the stock price should be.

      • 2 Replies to radmdwannabee
      • I agree with what your saying. A good biotech partnership for a late stage drug would go something like this, MOGN pays upfront fee of 50 million plus takes an equity stake for another 30 million. Milestones include 10 million for filing of NDA, plus another 50 million upon FDA approval and pays for all other clinical trials. The key being that SUPG would build a salesforce of say 40 reps and split Dacogen revenue 50/50. Maybe get 10 percent royalty on EU and ROW sales. Thats what SUPG shareholders wanted, they didn't get it and thats why smart money is moving on.

      • You speak like a Market Manager still bloody after a carnage...
        Sucker!

 
ASTX
8.4950.000(0.00%)Oct 10 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.