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    5 Reasons To Buy Astex Pharmaceuticals

    Sun, 05/13/2012 - 11:52 EDT - Seeking Alpha
    • ASTX
    • Markus Aarnio

    By Markus Aarnio:Astex Pharmaceuticals (ASTX) is a leader in innovative drug discovery, development and commercialization, and is committed to the fight against cancer and other life-threatening diseases.
    I see at least 5 reasons to buy the stock currently.

    1. Promising Pipeline
    Astex Pharmaceuticals has established a broad pipeline of small molecule, molecularly-targeted drugs using its drug discovery engine, Pyramid, which is also used to support the company's drug discovery collaborations with leading pharmaceutical company partners.
    Product pipeline
    Astex has a marketed product, Dacogen, indicated for the treatment of myelodysplastic syndromes. Dacogen is marketed by Eisai (ESALY.PK) in North America and Janssen Cilag GmbH, International, a Johnson & Johnson company (JNJ), in the rest of the world.The company's primary developmental efforts revolve around the products progressing out of their small-molecule drug discovery programs. The company's two lead internal programs are AT13387, a novel HSP 90 inhibitor, and SGI-110, a novel second generationComplete Story »

    • Original article
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