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Biotech / Medical : VD's Model Portfolio & Discussion Thread
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To: JMarcus who wrote (8543)1/11/2001 1:25:36 AM
From: tuck  Read Replies (1) of 9719
 
Marc,

Yup, that looks like a strategic shift at CRA, though it'll be a while developing. CRA seems to be one of the last hot discovery companies to go this way. Many of them planned it in advance, like ABSC. Apparently the gospel now for these companies is that they have to leverage their core competencies into drug development programs in order to achieve the higher valuation that therapeutic companies command.

Did I use enough of the right buzzwords in that last sentence?

Cheers, Tuck
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