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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)

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To: Icebrg who wrote (1620)6/5/2003 10:35:41 PM
From: Miljenko Zuanic  Read Replies (1) of 3044
 
<< But they have managed the clinical development and regulatory work in an excellent way.>>

Sure that did.
As well as preclinical models and studies, biology, mechanisms, and all other things that are part of the drug development. Investment in basic science always pay off when you get bit of the luck down the road. Because of the MLNM own infrastructure they can explore Velcade (from genomic-pharmacogenomic to predictive and personalized medicine) in a way that no pharma or bios can do it today. This is advantage. I hope that they will apply some methodology on all candidates. Restructuring and layoff was expected, due to cease of the collaborative revenue. Focus on commercialization infrastructure is OK, but one should not forget those that make commercialization possible in first place. Many prefer scraping candidates from other when they do not have resource to move forward, it may be cheaper. Well, that is the case for now. Will hold tomorrow?

Miljenko
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