Hep B, Prostate Cancer and use of the Cellectra EP device Roche Priced in at about 420 mill with possibly more to that depending on applications
so that leaves 60 million left that wall street has the current pipeline valued at
1-Phase II vgx 3100 Cervical dysplasia-?
2-Pennvax universal HIV vaccine-?
3-Universal Flu vaccine-?
4-INO-8000 hep c-?
6-Universal cancer vaccine-breast,lung-?
8-Ebola & Marburg filoviruses, foot-and-mouth disease,lasa virus
The reason Dr.Kim said the company is still undervalued at these prices is because close to nothing in the pipeline has been priced in yet, this stock with the partnership in place is a no brainier..years of fast growth on the horizon now as we enter the decade of vaccines and genomics. Ill be adding shares again soon.
Kyle, agree overall but, think you are off on Roche's valuation. That is merely what they are willing to invest in two slivers of the INO portfolio. The double digit royalty sharing is a further big upside. If Roche is willing to put in $420M then they are valuing those two products much higher.
The rest of the portfolio hasn't even been touched yet.
Sentiment: Strong Buy
Fair value is $4 to $5 short term w/o additional partnerships or other news. INO was already had over $350 M mkt cap before the partnership. "Real" analysts will start revising their targets upwards and to Strong Buy.
Sentiment: Strong Buy
Kyle, I thought it was interesting around the 14 minute mark of the presentation today he mentioned being undervalued and compared the company to ALNY - who currently has a market cap of 3.6B and 2012 revenues in the $67M area.....I like his thinking there.....to your point the street is giving no value to the other applications....and we know that is not appropriate.....The variety of uses for this techology are far greater than the pipeline shows today which would lead us to believe that 2 or more partnerships will be necessary to move those projects forward.......I am patient and can wait for this to move much higher....Good day for the longs......
Totally agree. I've been trading around a core of 200k shrs, making a nice living off the shorts. That is now changed. From now on, it will be strictly buy and hold up to .5 mill.
Your participation on this board has been a great help to all. Thanks again for your great finds!