SRX 0.00% 17.5¢ sierra rutile holdings limited

re: just released very positive sirtex news Another way to look...

  1. 293 Posts.
    re: just released very positive sirtex news Another way to look at it is that it takes 7-8 yrs and 700-900 million dollars to get a product approved through the FDA. At 82 million USD , Sirtex has done all the legwork and product can be multiapplicable and used by many differnt chemotherapeutics owned by several different bio/pharma cos which makes it much more valuable to an acquirer to gain competitive advantage in the oncology chemotherapy market.
 
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