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Biotech / Medical : Biotech Valuation
CRSP 55.06-2.9%Dec 26 3:59 PM EST

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To: nigel bates who wrote (13244)9/30/2004 2:58:12 PM
From: scaram(o)uche  Read Replies (1) of 52153
 
>> This ought to be good for biotech, though. <<

This systems biology company can tell some companies, up-front, that their molecules will have trouble down the road.

bioseekinc.com

I feel that it's negligent that every pharma CEO is not beating at their front door, wanting in. I have no concept if THIS (vioxx) issue could have been predicted, but.......

>> This ought to be good for biotech, though. <<

Both pharmacogenomic and systems biology business plans have been slow to unfold, despite the obvious utility and wisdom. systems biology became a dirty phrase, and pharmacogenomics was merely thought to be unworkable.

Billions went poof. Look at the volume in October calls today, relative to outstanding interest.
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