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Astex Pharmaceuticals, AŞ Message Board

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  • billyteex1 billyteex1 Nov 17, 2007 4:44 PM Flag

    Cash in the bank makes this a perfect

    I would not bet on it or against it. The first offer would not be the last IMO. SUPG board would build an argument for the deal not to accepted, specially if they are confident on the pipeline and Dacogen future.

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    • I agree. Right now we do not want a buyout at even a 100% premium. I would rather see the royalties grow and take a chance on MP470 becoming a blockbuster. It would be much better if the stock would move up agressively not only on a partnership but with growing earnings from operations. Then the board would be in a stronger position and other suiters would emerge to bid on SUPG. Just hoping we are not dissapointed in ADOPT results and hope the MGI can market the hell out of Dacogen and diminish the threat Vidazza poses to market share. We are slightly in the lead but I would like that lead to widen considerably.