SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : XOMA. Bull or Bear?
XOMA 26.68+1.3%11:32 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cacaito who wrote (10825)7/17/1999 10:43:00 AM
From: aknahow  Read Replies (2) of 17367
 
Interesting post with good points and yet when I agree with you that some drug
companies and even some biotech companies do want the FDA involved in
determination of efficacy for the very reasons you cite, I see that as harmful to the public
not good. Managins product was turned down because it was not more effective than
existing products, even though it offered a different approach from conventional
antibiotics. The established companies may want barriers to competition and
determination of effectiveness is a big barrier.

IMO Latin America permits selling of "effective" drugs without much control. The
problem is not so much of the drugs being ineffective. But I am sure you have seen the
other side where the drug salesmen are king and push anything that works or not. Still
think the tendency is to push powerful drugs that have safety concerns.

Xoma might fall into the group of companies that prefer the system as is. My proposal
is not based on what is good foe Xoma. Lawsuits provide adequate protection against
those that would use ineffective but safe drugs rather than effective ones that are also
safe.

The point I liked best in your post, is one I have no answer for. If I am right then why
is Japan not a flourishing haven for biotechs? While not an answer, I have a question.
Is it perhaps the size of the market? If they required efficacy as well as safety would
they have any biotech industry at all? Don't know, just a question.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News