A Pair of Biotech Blow-Ups
Posted on Thursday, July 3rd, 2008 | In Biotech
Contributed by: Mike Havrilla (http://mikehav.blogspot.com/) -
Vanda Pharma (VNDA) and Titan Pharma (TTP) are a pair of biotech blow-ups which investors should avoid ahead of a July 27, 2008, PDUFA decision date for anti-psychotic drug Fanapta (iloperidone). Both stocks have lost about two-thirds of their market value over the last year and are down sharply recently on pipeline clinical trial failures. I don’t think the FDA will approve Fanapta as the anti-psychotic space already has plenty of similar options and thec agency is cracking down on the widespread, off-label use of these drugs in elderly patients.
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Tags for this Post:
Ahead, Biotech, Biotech, biotech, Blow Ups, Clinical Trial, Drugs, Elderly Patients, Fda, investors, Options, Pipeline, Psychotic Drug, stocks, Titan Pharma, Ttp, Two Thirds, Ups, Vnda
Ahead, Biotech, Biotech, biotech, Blow Ups, Clinical Trial, Drugs, Elderly Patients, Fda, investors, Options, Pipeline, Psychotic Drug, stocks, Titan Pharma, Ttp, Two Thirds, Ups, Vnda
 About Mike Havrilla (http://mikehav.blogspot.com/)
The MikeHav Market Blog provides investors with a free source of stock profiles, tools, and commentaries focused on carbon credits, the healthcare sector, exchange-traded funds (ETFs), and innovative companies across all industries.
I am a pharmacist and index developer who has been investing since August 1997 and freelance writing for investors since April 2007. I am also an avid runner since 1992 and have completed 18 marathons (26.2 miles) with a personal best time of 2 hours, 54 minutes.
I can be contacted via email at mikehavrx[at]yahoo[dot]com.
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