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12:00 AM
 | 
Jul 03, 2006
 |  BioCentury  |  Finance

Anadys chronicles

Anadys chronicles

Anadys (ANDS) fell $3.77 (56%) to $2.92 last week after it suspended dosing in a Phase Ib trial of HCV compound ANA975. That may be drastic, as ANDS had $99.8 million in cash at March 31 and ended the first quarter with 28.4 million shares outstanding, giving the company a cash value of $3.51 per share. Even if investors ascribe no value to ANA975, the...

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