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Merrimack Pharmaceuticals, Inc. Message Board

  • iyxing515 iyxing515 Nov 27, 2013 6:23 AM Flag

    Did anyone listen to the CC yesterday?

    I didn't get to listen to it, so I have been reading the news only. If I didn't read it wrong, MM121 has been validated, which is exiting.

    Why do you guys think about the result? NO BASHING, if you want to bash, please go to the next door, this is for DISCUSSION ONLY.

    I will read more into it once the official study is published in medical journal, but I guess that can take a while.

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    • I am very positive about the outcome. It will get approval to go into phase 3. Phase 3 will be paid by the money (2 million dollars now and in total 15million dollars) by a partnership for nanotech with Actavis. So when their current phase 3 product brings out good results in Q2 2014 and will be approved by the FDA, the commercialization will bring net profit and will not have to be used to pay for their other clinical studies.

      Yesterdays' news was extermely important. Analyst will be recalculation their projections in the positive way. 7dollar/share will be too conservative as a year target.

      Sentiment: Strong Buy

 
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