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Biotech / Medical : 2000-Year of the Biotechs!

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To: Cheryl Galt who wrote (182)2/6/2000 1:38:00 AM
From: Torben Noerup Nielsen  Read Replies (1) of 1142
 
Cheryl,

>hope that when it settles, intellectual property retains
>some decent monetary respect.

As is often the case, you hit the nail right on the head. This is quite possibly the most important question. IP is hard to value and it doesn't fit well with present accounting methods. Branding is a little easier for the accountants to deal with.

What makes it worse is that much of the value of the corporations we tend to focus on lies as much in the specific individuals working at the companies in question as it lies in the patents actually awarded. There's also value in the skills the corporate entity has managed to accumulate and sometimes that value goes beyond the value contained in the individuals.

Oh well, I'm wandering off the topic of this thread and I'd better quit before the thread police comes telling me I'm wasting their time :-)

Thanks, Torben
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