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Astex Pharmaceuticals, Inc. Message Board

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  • merohricht merohricht Aug 22, 2012 10:06 AM Flag

    Leukemia drug could take ASTX to $100


    I have more shares than you could ever dream of having.

    Biotech investing is hard at best. For every drug approved 100's fail. Billions of dollars lost. Astex has a potential in s110. But It took 5 years to get to phase 1 and most likely another 5 years to get approved if luckly. I have the funds to gamble and I am willing to hold.

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    • Okay J Paul Getty. First of all, I don't care, second you have no idea of how many shares anyone has to make these claims.

      I just wonder, why would you invest in a company that you despise the CEO. Specially shares we only could only dream about.

      No, what you're willing to do is whine. The glass is always half empty with you mero. As for potential of sgi-110, that 5 years is now down to 2 years. I believe they have a shot at approval after ph2 for MDS. Slim, but not impossible.

      Looks like the man with greatest investment in ASTX, doesn't even have a sentiment disclosure. Must be that stack of shares he has is blocking the button. I love how the dingdongs always want to paint them selfs as major players. I think you and rory toy around in make believe word to much.

      • 2 Replies to kyjellie
      • Kjelly dummy, you asked.

        The greatest fact is Supergen/ Astex has never, I say never successfully brought a drug to market successfully.

        The closest is Dacogen when MGI pharmas steps up and did what Supergen could not.

        If you look at Astex's drug candidates they are based on new technology. FDA approval is quite difficult if near impossible when new technology is introduced to the FDA.

        5 years to get to phase 1, no drug approval experience and you say approval after phase. 2. I say what drugs are you on?

      • "Second you have no idea of how many shares anyone has to make these claims."

        One thing we do know. We all own more shares than the insiders.

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