Biotech Stock Mailbag: MAP Pharma, Affymax
I worked through some sales projections for Omontys in a previous Mailbag, which still hold true but are admittedly fairly conservative. A big unknown right now is the pricing advantage Omontys may have over Amgen's (AMGN) Epogen. Affymax announced wholesale Omontys pricing that's on par with Epogen but also said discounts and other cost savings (as yet undisclosed and unspecified) will make Omontys a better value for dialysis clinics. Investors want more details on Omontys' pricing advantage over Epogen.
--Written by Adam Feuerstein in Boston.
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