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Yet the stock has lost 24% this year, underperforming its peers in the MSCI World pharmaceuticals and biotech index.
FORBES: Bargain bourses
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In two years the American Stock Exchange Biotech index has collapsed 60%.
FORBES: Biopipeline
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While the American Stock Exchange's pharmaceutical index has sunk some 5% in the past six months, its biotech index has risen by 10%.
FORBES: Big Pharma's Ails Could Spread To Biotech
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The Nasdaq Biotech Index is up 42% year to date, fueled in large part by successful clinical trials of several experimental drugs that were proven effective in stopping the spread of cancer.
FORBES: Magazine Article