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Biotech / Medical : GZMO

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To: Extra Pale who wrote (413)1/5/2002 9:58:08 PM
From: jeffbas  Read Replies (1) of 438
 
I do not trust GENZ either. They have huge conflicts of interest in managing these companies. By the way, GZSP was another example of the holders getting royally screwed by GENZ with the Biomatrix deal. On the other hand, the resources that GZMO implicitly and explicitly has available from GENZ far exceed those of any other similar biotech company.

However, despite having held this for years since $2+, except for selling some in early 2000, I am now a lot less enchanted with the company. The lack of the promised antigen discovery deal is one thing. My growing (and not particularly well-informed) view that this is a research lab operation without much commitment to commercial success is another.
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