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Pastimes : son of T/FIF
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To: LLCF who wrote (352)12/31/1999 6:30:00 AM
From: Micawber   of 673
 
OT: A little humor from the LGND thread:

>>To: Cheryl Galt (29825 )
From: TexasDude Thursday, Dec 30 1999 8:32PM ET
Reply # of 29828

Some Humor as we wind-up the year!Steven Engle, Chairman and CEO of La Jolla Pharmaceutical Company and The 1999 Chairman of CALBIOsummit, began his welcome speech with a David Lettermanesque list.
The Top Ten Reasons You Know You're in Biotech When:
10. The safe harbor statement in your latest press release is longer than the body of the announcement.
9. You suggest the name Gen Italia for your new subsidiary in Naples and don't see a problem.
8. On the third trip to see a Wisconsin investor, even the cab driver complains about your stock.
7. A potential corporate partner decides to fund an orally active therapeutic for prickly heat rather than your injectable cure for cancer.
6. You spend half your time trying to cure diseases in mice and the other half trying to create them.
5. You announce that you are happy to regain all rights to a compound from a former partner and you really mean it.
4. You tell your boss that it may not look like I'm doing anything, but at the cellular level I'm really quite busy.
3. You have no problem generating a five-year budget with less than 18 months of cash in the bank.
2. Relatives ask what you do, and it's easier to tell them that you run numbers at the races than explain your real job.
1. A placebo is so much better than your own product that you begin thinking about developing it instead.
Credit to La Jolla Pharmaceutical's Steve Engle<<


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