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Biotech / Medical : Tularik Inc. (TLRK)

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To: nigel bates who wrote (439)3/18/2003 9:53:33 AM
From: scaram(o)uche  Read Replies (1) of 598
 
>> They know how to spend... $475.1 million <<

That money has been used to establish an infrastructure. That infrastructure is, IMO, competent, top to bottom. It has stuck T67, T607, T487 and T131 into clinicals and established a pipeline which includes two anti-cancer drug candidates, one drug candidate for the treatment of immune disorders one anti-diabetic drug candidate in clinical testing, pre-clinical drug candidates in all six programs, and at least 25 drug leads.

As you know, a good infrastructure can produce a "blockbuster", and a "blockbuster" can sell 10X that spend in a single year.

A veteran biotech investor is not afraid of burn. He or she just labors to find good burn. Fingers crossed.
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