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Biotech / Medical : Biotech Valuation
CRSP 53.47+0.3%Nov 28 9:30 AM EST
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To: Biomaven who wrote (785)3/14/2000 3:14:00 AM
From: Luke  Read Replies (1) of 52153
 
Buying a phat farma would be kind of like buying separately a small bank, a sales organization and some dead weight, wouldn't it?

While I dont have the long experience to know, it seems things really changed lately, and Pharma's missing the boat.

I've heard several examples last couple of weeks of where pharma was taking their sweet time to sign deals on biotech projects that they considered very important, only to have the biotech take the offer back as they're finding money.
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