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Biotech / Medical : Munch-a-Biotech Today

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To: mopgcw who wrote (1446)2/7/2003 4:24:27 AM
From: Robohogs  Read Replies (3) of 3158
 
J&J is a very good buyer. The owners of CNTO (years ago) would all be retired by now if they had not voted yes. Remicade is a super blockbuster even as Reopro has been "okay". No one ascribed any value to Remicade which is a lot bigger than Embrel, even though no one notices this fact. Weird isn't it. I could have been rich. Oh well. That is the one company where new drugs were developed as thought (unlike SEPR and ELN and MLNM, etc.). This game really is rigged if the small guy gets the losers and the smart money (read big companies) get the winners early in the process. I know nothing about Scios, just reminiscing about my near miss with great wealth.

Jon
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