A couple of media items hit my inbox today:
Is Hemispherx Finally seeing the light at the end of the tunnel:
http://www.smallcapnetwork.com/Is-H...e-Tunnel/s/via/10/article/view/p/mid/2/id/83/
Marketwatch:
http://www.marketwatch.com/story/he...nr-in-chronic-fatigue-syndrome-cfs-2012-03-19
Stock appears to now have bumped up 10% or so. Funny that it takes media coverage (apparently) to achieve this and not the actual release of the paper. I guess it takes even analysts these days some time to figure it out.
'Biotechnology stocks are a funny and diverse breed. Many of them are one-trick ponies working on the development of one drug. If that drug is approved it could be a blockbuster, but if it's not approved, the company's continued existence is pointless.
Other biotech outfits go to the other extreme, working on anything and everything, but not doing any of them very well due to a lack of focus. These companies burn a lot of money, but end up with nothing revenue-bearing because it couldn't develop anything meaningful.
Hemispherx BioPharma, Inc. is somewhere in the healthy middle, working on a potential blockbuster to treat chronic fatigue syndrome, but also developing something of a cash cow with Alferon. In fact, the market may be entirely missing the boat with Alferon. It is approved in the United States, but the reason it doesn't seem to be positively impacting the company is that it's not being sold yet. ...
...Make no mistake. Ampligen is still the 'big deal', and is still a big question mark. The FDA has given the company all the time it needs though, and considering the chronic fatigue syndrome market is also a multi-billion-dollar market. Like the genital warts market, the lack of convincingly-proven treatment means there is no clear annual 'spend' on CFS, so the specifics are unclear. Again though, even a treatment that works reasonably well for a mere handful of chronic fatigue sufferers could be a game-changer for the company's shareholders.
While there's no timeframe for when the company might file an NDA with the United States' FDA, today's announcement implies it could be soon. Hemispherx BioPharma shared some encouraging data regarding the treatment's success with CFS that leans towards a positive nod with a future FDA filing....and the agency has already tacitly suggested it's looking for ineffective treatment for the debilitating disease. Even with an excessively-eventful past, HEB looks to be a frontrunner in that race, and could be worth a swing.'
Be nice to hear from other sources methinks.