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Incyte Corporation Message Board

  • hox11 hox11 Mar 30, 1998 8:06 PM Flag

    Joining the club

    Hi all - I jumped aboard today. As a molecular geneticist, I've felt guilty about not owning any biomed/biotech equities. Well, no longer!

    Rather than going for a gene therapy outfit or drug developer, which is a total crapshoot, I wanted a company which had
    products *now*, yet with the potential for excellent growth. In addition to its excellent genomic databases and licensing agreements
    with nearly every major pharmaceutical firm I've ever heard of, Incyte has absorbed Synteni and its excellent DNA chip
    technology, and has made a very smart investment in GeneTrace's mass spec sequencing/analysis technology. And if that wasn't enough
    (especially the GeneTrace collaboration, which will probably pay off in a big way), the company is profitable and sitting on a wad of
    cash?! I must be dreaming...

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