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Biotech / Medical : Biotech Valuation
CRSP 56.98+1.1%3:59 PM EST

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To: Biomaven who wrote (8972)8/22/2003 3:37:05 PM
From: Miljenko Zuanic  Read Replies (1) of 52153
 
<<Generic biotechs are inevitable at some point, but they will have much less impact than current generics - much more expensive to produce and much harder to get approval - the JNJ Eprex problems may end up saving the biotechs from easy generics.>>

All depend how will pharmas act in next few years, and what will be challenged. Pharmas now have their own biologics manufacturing capability, and profit is very high relative to small molecules (where manufacturing shifted into Asia).

So, it is my view that biologics will be challenged and pharma will have success, here and there.

Miljenko
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