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DARA Biosciences, Inc. Message Board

  • jd5216 jd5216 Feb 1, 2013 10:07 AM Flag

    Getting Orphan Status moves MC to what reasonably?

    KRN5500 going solo into a $15 Billion market. Amazing move potentially from this level. KERX went from $1's tto $10 in a couple of days,so can you imaging what DARA can do with their small MC???

    Sentiment: Strong Buy

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    • orphan status won't mean much. the drug has yet to fully prove itself in clinical trials. DARA has not done a good job fully defining the size of the market for this drug which is an infusion product. Too much unknown. Too many people DO NOT understand what orphan means. It does not mean "automatic $$$$$". Just look at Savient where they have been selling an "orphan" drug for nearly two years and the stock in languishing at $1.

      Stop the orphan nonsense and hope this company generates revenue on the products it licensed in....

    • To be clear Kerx went from the low $3's to just shy of $10. I should know I profited in that range, although I sold short of the day it crossed $8's. Talking about leaving money on the table. It's one to watch in the next 6 - 9 months. PDAFU play and also Phase II predialysis results toward the end of 2013, that' s if they aren't bought or partner prior to both events. I think it will settle above $8, maybe $7.50. The have an opportunity to get 50% on the above items.

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