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Biotech / Medical : Biotech Valuation
CRSP 50.19+1.8%3:59 PM EST
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To: Biomaven who wrote (2552)1/12/2001 1:16:25 PM
From: Pseudo Biologist  Read Replies (2) of 52153
 
Thanks Peter, interesting link, although it took quite a bit of swallowing to get past the first sentence:

Start-up companies and venture capital investing in the life sciences have grown, matured and evolved immensely since the 1975 discovery of PCR unleashed the first wave of biotech entrepreneurs

1975? PCR?!! Someone needs to hit the biotech history books. May I recommend Robbins-Roth's Alchemy to IPO primer? -g-

Unforgivable for the author who completed his PhD in Organic Chemistry in the laboratory of Nobel Prize-winning professor E. J. Corey, at Harvard University Then again, those chemists tend to know diddle about biology -g-

PB

Footnote: nobel.se
The PCR technique was first presented as recently as 1985 ... 10 years here, 10 years there, pretty soon we "fix" our NPVs
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