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Biotech / Medical : Imclone systems (IMCL)
IMCL 0.1590.0%Oct 5 5:00 PM EST

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To: Arthur Radley who wrote (1986)2/9/2002 11:32:55 PM
From: Cacaito  Read Replies (1) of 2515
 
Biotechs will be in tougher situation to negotiate, they will be trusted less, they will be scrutinized more, small biotechs will be the losers, venture capital will be more expensive so more control for the venture guys (who already have much of it)than the scientists.

Big Pharma will benefit cause they will claim the Bmy/imcl factor in their negotiations.

Bmy already figured out their best way out, they will not invest a single cent more on Erbitux, they will sell imcl stock, they will used the Imcl cash to their advantage, and they will reap the profits of Erbitux in the lucky case that the "potential" turns out to work.

Imcl insiders already got the money in their pockets, unless the SEC/FBI deliver the alleged culprits, they will enjoy their profits.

Biotechs are the losers.
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