you are right about this, I agree with you.
If three times peak sales is the standard for biotechnology companies -- based on Pharmacyclics and Ariad -- then Santarus should trend higher until reaching a market capitalization of $2.7 billion. This would be a gain of almost 100% from this point forward. Therefore, I say that Santarus' recent pullback is just a bump in the road and not a serious threat of long-term loss. With that said, investors should keep this company on their radar. With Uceris' marketing success and Santarus' five clinical programs in development, this is a company with a lot of promise regardless of its short-term trend.