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Biotech / Medical : Biotech for less than cash value

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To: rkrw who wrote (522)7/27/2019 6:35:44 PM
From: BulbaMan  Read Replies (1) of 684
 
For sure, the CEO’s reputation for deal-making and self-dealing would be a factor. And I assume you agree that not all biotechs with failed drugs also had lousy management.
In any case, what I was wondering was whether age was a factor as well. Apparently, you think not.
Oh well, another brilliant idea that may not be so brilliant after all. ;~)
(The age idea was partly inspired by the IMDZ buyout by Merck at a huge premium. Carlos Paya, IMDZ CEO, was 60 when the buyout was announced and the median age of the IMDZ BOD was 67.)
Peace & good health,
Bulba
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