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Biotech / Medical : Indications -- Lupus/Nephritis

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To: keokalani'nui who wrote (17)4/24/2001 3:09:05 PM
From: scaram(o)uche  Read Replies (2) of 95
 
I performed DD for a major underwriter, 5/95. I recommended against a banking relationship. My confidentiality agreement is dated 5/3/95, and all obligations were limited to a period of five years.

The proposed mechanism was induction of tolerance. Many, many observations have flowed by. There's been tons of spin and Abbott was, IMO, nuts.

In 1995, I said "passive absorption, not tolerance". Now we're looking only at a subset of patients who have antibodies that react with the (IMO) adsorbent and at therapy with no "off" period. Hilarious.

This is what happened to some old-time biotechs..... single-product companies, desperate to make it work......

quote.yahoo.com

Again!! I urge everyone to look at old-time biotechs with a critical eye. Have they lost momentum and/or objectivity? Have they lost key personnel? Do they have access to critical expertise and "no people" (as opposed to "yes men") on a daily basis?

I'm not saying that this subset of patients won't benefit from therapy.

Wilder..... given your passion for the sector, you might profit from slowly digging through all of the posts to all three of the T/FIF threads. Just a thought.
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