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Biotech / Medical : Biotech Valuation
CRSP 50.99-2.3%12:18 PM EST

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To: smh who wrote (3442)4/17/2001 9:12:57 PM
From: Biomaven  Read Replies (1) of 52153
 
I think a tracking stock can work if the parent company is scrupulous. Unfortunately GENZ has not behaved well with its offspring, in particular GZTC.

I still hold some GZMO because I like their science, but I now view the GENZ connection as a definite negative.

On another topic, here's a NY Times article complaining about no FDA nominee for commissioner:

April 17, 2001

The Leaderless F.D.A.

By WILLIAM B. SCHULTZ

WASHINGTON — Although we've heard a good deal about the Bush administration's efficiency in making appointments, it is curious that there appears to be no effort to fill the critical position of commissioner of the Food and Drug Administration. The usual flurry of early rumors about possible candidates has subsided, and there have been no signs since then of any serious moves to settle on a nominee


nytimes.com

Peter (still recovering from taxes - we get an extra day in Massachusetts and I needed every minute).
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