Multinational manufacturer of photographic products with a growing involvement in imaging and information systems. Products and services include photographic films, paper and chemicals; graphic arts and printing; and medical imaging systems.
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A move into pharmaceuticals looks to be this companies undoiing. All interviews and press reports give the impression that this is poorly thought out and of unappreciated complexity.
Good luck to them - but not with my money.
Mocking commentaryhttp://pipeline.corante.com/archives/2008/06/02/a_breath_of_fresh_air_from_fuji.phpBusiness weekhttp://www.businessweek.com/print/globalbiz/content/may2008/gb20080530_612987.htm"Any other areas on which you plan to concentrate? Takahashi: Anti-aging. Aging is linked to oxidation and the release of free radicals. How you curb this process is an important part of preserving a person's health. Toda: To prevent film and photo prints from degrading, we have created new chemical compounds that act as antioxidants so they slow the release of free radicals. We can apply this know-how to anti-aging drugs. Doing that on film or paper and inside the human body seem different, though. Toda: The chemical process is exactly the same. In our library of 200,000 chemical compounds, about 3,000 curb the release of free radicals."So so arrogant and foolish. Heck no this is not the same. And the timelines commented on for T-705 seem unrealistic.http://www.businessweek.com/globalbiz/content/mar2008/gb20080312_471823.htm
Ah the power of being highly rated - this was a 4-star company before I gave it the thumbs down, with 24 bulls and only 1 bear. Now it is three star.Bwah ha ha ha ha.
Fell as expected but so did the market. Close for accuracy, though still bearish.