re: Ann: Patrys to Initiate Clinical Trial wi... This is all just speculation, but we know Amgen paid over $10 billion for Onyx, largely on the strength of their one MM drug.
PAB has maybe 520 million shares issued? (Correct me if wrong.)
Even at $1 per share it's only valued at just over half a billion. With a deep pipeline, good patent protection and low toxicity I would have thought it should be valued at more than that (in the long term).
Anyone agree/disagree?
Fat Harry's Cat
Ann: Patrys to Initiate Clinical Trial with Onyx , page-5
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