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Biotech / Medical : Biotech Valuation
CRSP 53.10-6.2%9:30 AM EST

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To: Biomaven who wrote (19689)4/9/2006 1:44:14 PM
From: Arthur Radley  Read Replies (1) of 52153
 
Peter...very good observations!!! Sadly, I broke one of those rules by ignoring the events at DSCO...(Judging Management).

For those who can gain access to the previous week's BusinessWeek, they have an interesting article...Biotech's-Boon or Bane? The articles points out that many are now turning to hedge funds for financing when they are unsuccessful going the traditional and normal VC route. A key they mention is that this always "has strings attached". Considering this issue I think that your point #5 should be considered throughly before one invests in a biotech firm.
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