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OncoGenex Pharmaceuticals, Inc. Message Board

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  • dr.kuvasz dr.kuvasz Aug 30, 2010 10:04 AM Flag

    OGXI Investment Strategy

    Hi Howard,

    Got to love that SONUS reverse takeover. My OGXI shares did not do so well in that takeover, but I bought alot of OGXI at $2 in summer 2008.

    I don't know if OGXI will be bought by TEVA if 011 approved. Maybe I overstated it. TEVA may want to buy OGXI because of the rich royalty payments to OXGI. However, why would OGXI sell 427 to anyone. It could be its own little DNDN with 427.

    I agree that biotechs do their own research best, but if TEVA is as novel and smart in their approach as people say, then TEVA could buy OGXI and let it have its own division with autonomy to develop the products.

    Oh well, this sort of debate in two years would be a very good predicament to be in.

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