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Biotech / Medical : Biotech Valuation
CRSP 56.98+1.1%3:59 PM EST
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To: Doc Bones who wrote (608)2/6/2000 8:39:00 PM
From: Biomaven  Read Replies (1) of 52153
 
Thanks, Doc.

This whole mess was partly caused by the unwillingness of the insurance companies to fund proper trials. As a result we ended up with the worst of all possible worlds - the insurers were forced to fund individual procedures, and for years we had no idea if the procedure worked or not.

Peter
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