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Biotech / Medical : Biotech Valuation
CRSP 55.11-2.6%Nov 7 9:30 AM EST

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To: Michael Young who wrote (3809)5/16/2001 3:59:51 PM
From: Harold Engstrom  Read Replies (1) of 52153
 
Good point Michael. I can think of a few that continued to push dubious compounds through the clinic after poor results. I recall alphabeta and oravax pushing compounds that performed less effectively than placebos. Merck would have killed those efforts in the cradle.
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