Article Abstract:
The shares of Medarex Inc. have good price appreciation potential over the 2010-2012 timeframe. The Princeton, New Jersey-based company is engaged in the development of pharmaceutical products using its patented human monoclonal antibody production technology.
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Article Abstract:
A comparative analysis of the company sales and earnings and the financial details of Medarex Inc. from 1994 - 2003 are illustrated. Projections of the equity price of this company for 2004 - 2005 is made using Value Line estimates.
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Article Abstract:
Medarex has cash but it would hardly be enough to cover rising research and development costs and the convertible notes that expire in 2006. Issue is untimely and only risk-tolerant investors should commit.
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