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Biotech / Medical : Corixa [CRXA] - cancer vaccines

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To: Vector1 who wrote (64)3/20/2001 12:23:31 AM
From: Spekulatius   of 222
 
<<Still trying to figure out what I did wrong. >> Probably nothing. You did a bet with due diligence and lost.
Bexxar had all the right things going for it: novel mechanism, good clinical data, backup from big pharma - but in the end management wasn't up to the task. There were some signs, that management was not able: First failure of BLA submission, shopping the company around before second BLA submission. Think about the PR spin after the first failed submission "Data formatting etc." now it's almost 2 years later and the drug is still not approved. Sadly,the biggest loosers will be the NHL patients that desperately need the drug.
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