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Biotech / Medical : Biotechnology Value Fund, L.P.
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To: keokalani'nui who wrote (4593)2/24/2006 3:55:14 AM
From: mopgcwRead Replies (3) of 4974
 
Really. How hard could this possibly be for a development stage biotech? Two check signers, two accountants, and you're done.

I assume you are tongue-in-cheek, but if not in my dreams...it really is a nightmare. I cant speak for a bio firm, but in ours -- ugly. I do think a part of the issue is the legislation, and the other is that acct firms have become so cautious now that it is really having an impact on the bottom line -- it is not just accounting but also operational.
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