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Biotech / Medical : Biotech Valuation
CRSP 51.32-1.7%12:25 PM EST

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To: Zeev Hed who wrote (5822)3/7/2002 11:28:12 PM
From: Sam Citron  Read Replies (1) of 52153
 
That sounds like a very sensible approach, Zeev. It seems a bit odd that these "surprises" are occuring with some regularity these days. I can certainly understand the pressure that these companies are under to get their drugs approved in a timely fashion. But I cannot understand why there is not more coordination to ensure that the testing protocols are adequate. Investors have determined that a one year delay is a $1.7 B penalty.
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