"Itescu compares it to the development of monoclonal antibodies in the 1990s. Today, virtually all pharmaceutical companies offer monoclonal antibody-based drugs"
What Silviu is referring to here (guess only) is
Genentech..the company that pioneered monoclonal antibodies in the 1990s.
http://www.gene.com/media/press-releases/4841/1997-09-19/anti-ige-monoclonal-antibody-progresses-
I say Genentech because this company was mentioned by him ( the other company being Regeneron)at the AGM as well as during the ABC interview - as the two US Biotech companies which MSB mostly aspires to parody and follow in their foot steps.
For more info on Reneneron http://en.wikipedia.org/wiki/Regeneron
http://www.regeneron.com/
A aggressive statement by the Professor !
One is a 28bn biotech listed on NASDADQ(REGN). The other(Genentech) was acquired by Roche for 46bn in 2009.
And I say aggressive because MR no-hype Silviu NEVER allows himself to make these statements. It just shows you how well things are going at the Blaster ..(How many positive annoucements in the last 8 Weeks ?)
And yours truly is so pleased to have shares in a company that has these aspirations and when all is said and done..in the end ...could be the next Regeneron(or Genentech).
Thanks for the post Vinny..really has me thinking
Good Luck to ALL holders.
Please DYOR.
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