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Astex Pharmaceuticals, Inc. Message Board

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  • kentpick kentpick Mar 2, 2007 7:55 AM Flag

    Next week

    SUPG receives briefing coverage of the bus week article.

    01:08 SUPG SuperGen profiled in Inside Wall Street - BusinessWeek Online (4.61 )

    BusinessWeek Online reports sales of SuperGen's (SUPG) Dacogen could hit $120 mln in 2007, according to Rodman & Renshaw, who rates the stock a buy, with a 12-month target of 24. SuperGen's own estimate is a more modest $100 mln. Its royalties from MGI Pharma (MOGN), which ownsn 9% of SUPG, will grow as sales expand, so Piros expects MGI to buy SuperGen at some point. Vinny Jindal of ThinkEquity Partners also rates SuperGen a buy, but with a much lower 12-month target of 8. He expects to see an uptick in Dacogen sales in the first quarter.

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