Running out of words now; our buying can't hold the price up that's for sure. It can of course go on forever all the way to 20 cents if the trials fail, the whole technology is a dud, MSB is a sham promotion, Teva bails and the entire bio world is left gasping about the allogeneic therapy boom as a modern version of the dutch tulip!
Just on Teva; I was going to post yesterday they just signed up for about $825M to take out, subject to milestones, Labrys Biologics in Stage 2 chronic migraine drug therapy. A one product deal! So there is serious money out there for very promising therapies - and they did their homework on MSB already..yes?...anyone not happy with that?
At the end of the day there is a desperate "need" for this stem cell thing to work if possible; look at the fast track announcements by governments. Plenty of scientists are loudly barking about dodgy climate change research but I don't hear any scientists criticizing stem cell research? In fact the opposite. Why is that? Are they all under hypnosis?
MSB Price at posting:
$4.36 Sentiment: None Disclosure: Held
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