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Biotech / Medical : Biotech Valuation
CRSP 56.68-2.4%Dec 12 9:30 AM EST

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To: smh who wrote (5341)1/5/2002 5:58:17 PM
From: Cary Salsberg  Read Replies (1) of 52153
 
"About one in five experimental drugs fails in patient trials,..."

This quote was in the article on bioinformatics posted at Silicon Investor referenced in your post.

If the quote is true and the definition of "patient trials" is precisely given, then we would have a powerful tool for "Biotech Valuation".

I wouild appreciate any comments on the quote from experienced biotech investors.

TIA
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