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Astex Pharmaceuticals, AŞ Message Board

  • mdbob86 mdbob86 Oct 1, 2012 10:00 AM Flag

    The reason astx is being held back...

    From what i've read over the course of 10 years they've had a multitude of drugs enter phase 3 and....drop out. Dacogen has been their only marketed drug even if their pipeline is expansive we have to see actual results in order to go up. I believe in astx because of their money but investors want to see pipeline progress! So until than we will always be a small cap stock. Hopefully these upcoming reports show promise. I have full fledge faith in sgi-110 but we really need at13387 to show + because it has the potential to treat a broad range of cancers. Thats where the money is$$

    Sentiment: Buy

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    • I agree but I would say management has been inept. The Astex purchase brought talent both managerial and technical. I think this new talent had say when the MP470 decision was made. Hopefully it was a not invented here justification.

      Although Man uso said he saved us significant monies doing the Astex deal themselves, I think more Wallstreet involvement would of given us greater visibility and promotion going forward.