Deprecated: Assigning the return value of new by reference is deprecated in /fs2a/babybiotechs/public/wp-includes/cache.php on line 36

Deprecated: Assigning the return value of new by reference is deprecated in /fs2a/babybiotechs/public/wp-includes/query.php on line 15

Deprecated: Assigning the return value of new by reference is deprecated in /fs2a/babybiotechs/public/wp-includes/theme.php on line 505
Rosetta Genomics: Final decision, buy or hold off?

Rosetta Genomics: Final decision, buy or hold off?

This is the sixth in a series of posts analyzing Rosetta Genomics stock.

The best thing that Rosetta Genomics has going for it is that it has a huge amount of intellectual property. They have patents on (or have licensed rights to) hundreds of miRNAs. Essentially, at this point, an investment in Rosetta Genomics is an investment in miRNAs. If you believe that miRNAs are useful for diagnostic tests or as targets for therapeutics, then you should invest in the (self described) leader of the industry.

The hardest part is determining how to value the stock. Since they have partners for almost every project and the details of the partnerships aren’t disclosed, it’s difficult to determine what the potential income is for the diagnostic tests they’re developing. (I’m ignoring the potential income from their therapeutics pipeline since that’s years away.)

That being said, I think there’s potential in miRNAs as a diagnostic test. I’ll predict that the first test to get approved will be for measuring the aggressiveness of a tumor and not for detection. The limiting factor, in my opinion, will be their ability to purify enough miRNAs to detect differences in the expression levels. Clearly it’s much easier to get enough cells for measuring miRNA levels in a resected tumor than getting enough miRNA from tumor cells that are sluffed off into the blood stream, which would be required for a blood test for cancer detection.  On the other hand, they (or at least their PR people) seem to think they’ve got it down.

I’m going to take a small stake in the company. I think it’s likely that there won’t be much movement on the stock (maybe a drift downward) until they announce that they are starting clinical validation of their first diagnostic product. It’s not clear how quickly that will occur and I don’t want to miss the boat, but I also don’t want to park a lot of money in a stock that’s moving sideways, so the position will be small. As of this writing it’s at $6.50/share which is below it’s IPO price of $7/share.  It’s been trading in the $6.50-$7.00 range for the last month, so I will try to buy on one of the dips.

10 Responses to “Rosetta Genomics: Final decision, buy or hold off?”

  1. good work keep it up

  2. You made some good points there. I did a search on the topic and found most people will agree with your blog.

  3. You you could edit the webpage title Rosetta Genomics: Final decision, buy or hold off? to something more catching for your subject you create. I loved the post however.

  4. I’d forever want to be update on new articles on this website , saved to bookmarks ! .

  5. If you ask me what I came into this life to do, I will tell you: I came to live out loud.

  6. /?product- “???????”

  7. oakley ski goggles…

    if you are indicators and usually are severe, never think twice to talk to your doctor. they will carry circulation experiments and even biopsies to discover the underlying difficulty. medical help may also treatment intense itchiness while using in ma…

  8. babyliss Fake pictures - - Wonderful babyliss hack That Fools 90% of the shoppers
    shop authentic nike free run 2 mens running shoes grey black save 65%–grey-black-p-3185.html

  9. An excellent magic formula for babyliss that it’s possible to explore now.
    full styles mens lacoste shua lace shoes black white rush in today

  10. babyliss Announcement Programs Acquire The Posts In the moment
    top quality ugg mini bailey button bling 1003889 grey boots no taxes

Leave a Reply