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  1. #1
    Join Date
    Oct 2010
    Location
    Columbus, Ohio
    Posts
    199

    Default super bowl of Biotechs

    October is here and it's make it or break it for many small biotech companies. I am looking at AVNR, BIOD, and ALXA at the moment.

    AVNR has good chance of approval while ALXA and BIOD are in doubts. Personally I think BIOD will be reject considering they ignore to correct the anomalies in their data.

    Any of you guys into Biotechs?

  2. #2

  3. #3
    Join Date
    Jul 2010
    Posts
    2

    Default

    Quote Originally Posted by Duniyo View Post
    October is here and it's make it or break it for many small biotech companies. I am looking at AVNR, BIOD, and ALXA at the moment.

    AVNR has good chance of approval while ALXA and BIOD are in doubts. Personally I think BIOD will be reject considering they ignore to correct the anomalies in their data.

    Any of you guys into Biotechs?
    $BIOD - Rejected on October 30? Unlikely.

    Receive a CRL on or before the 30th because of the India data seems to be the sentiment.
    A CRL should show a clear direction from the FDA about what is to be done and approval next go round.

    Long @ 3.79. I should be able to hold out till next year while adding bargain shares along the way.

    Also Long $MNKD @ 5.65 and enjoying the current BS buyout rumor. This stock was sitting for weeks trading side ways 5.99 - 6.01
    Will hold till peak of run up in December then sell out with only a small holding through the PDUFA.

  4. #4
    Join Date
    Sep 2003
    Location
    Nijmegen, NL
    Posts
    2,205

    Default

    Quote Originally Posted by Duniyo View Post
    October is here and it's make it or break it for many small biotech companies. I am looking at AVNR, BIOD, and ALXA at the moment.

    AVNR has good chance of approval while ALXA and BIOD are in doubts. Personally I think BIOD will be reject considering they ignore to correct the anomalies in their data.

    Any of you guys into Biotechs?
    As there already is a thread discussing just the kind of biotechs you mention, I refer you and other interested people to RiverBabe's Baby Biotechs.

    This thread is closed.

    Regards,

    Karel
    My Investopedia portfolio
    (You need to have a (free) Investopedia or Facebook login, sorry!)

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