I can tell you that on 11-1-09, when I was with P&G Pharmaceutical Division, we sold our 2 drugs to Warner/Chilcott of Ireland for 3 billion dollars! They got 2 drugs from us, Actonel (osteoporosis) and Enablex (incontinence). Neither one offered the annual sales that the pipeline CLDX has to offer will. And the fact that drugs for the treatment of cancer also bring a premium. When this thing is sold or partnered, we will see a huge profit from the price of today's stock, not even considering that the folks on this board are in for a lot less than today's price. I am hanging on until it hits $30. And GALE too!
Boar, of course CLDX not going to hit these numbers in my view not in forseable future, even if I wish it would. However, realistically speaking it may hit 800M-1B, bringing the valuation to 2.5B, (2.5-3 times sales) i.e .about $35-$40. This is possible.
I agree with that sentiment. I just have a hard time believing it will get that high. But if it gets to $30 and I see further upside potential, I will stay for longer period of time. I hope we get anywhere near your number!
Agreed Eduardo. (It's nice to read about CLDX for a change).
The pipeline is outstanding and the lives that CLDX products can affect are many. CDX-110 and CDX-011 are both going to have profound results in many people that have no other options. This company is rewarding in many ways. I feel that this will be a huge windfall for all of us longs....and it should happen in a nice timeframe.