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Biotech / Medical : Biotech Valuation
CRSP 52.51+2.7%3:59 PM EST

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To: Biomaven who wrote (6868)8/8/2002 10:05:22 AM
From: aknahow  Read Replies (1) of 52153
 
Easy to agree that such actions by "analyst" are despicable. but, real doctors, and real subjects, company insiders and people working on trials are potentially picking up information without having to deceive anyone.

Would it have been o.k. if the trial was being discussed with a real doctor who had a patient with a real problem? Should not a real doctor with a real potential patient just be referred to a trial center?

An if someone claims they are have the condition for which the trial is being run one would hope that a trial being decently run would quickly detect this. The person and the firm involved could be sued, for civil damages.

My point is that we are all indignant about a deceptive attempt to obtain inside information but far more information is being obtained by special groups all the time and not much is said.

The whole issue of release of conference abstracts illustrates this. Is it any wonder that analyst try to level the playing field?
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