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Biotech / Medical : Biotech Valuation
CRSP 53.51-1.3%Jan 16 9:30 AM EST

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To: Sam Citron who wrote (9730)12/11/2003 4:18:45 PM
From: Biomaven  Read Replies (2) of 52153
 
Sam,

CROs already have a big chunk of the market. For example, SEPR's biggest expense by far is payments to CROs.

It always seemed to me like the industry should do well, but they never seem to. Don't know if it's bad management or too much competition or what. Maybe when pharma starts belt-tightening it will end up helping the CROs.

QTRN (Quintiles) had an interesting hybrid idea - they also funded marketing in exchange for a piece of the action - a good example was for SCIO's Natrecor. Didn't seem to help QTRN any in the long run though.

A good growth area must likely come from running foreign trials in places it's easier to recruit victims (patients). Has to be someplace that doesn't raise too many eyebrows in the US.

Peter
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