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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Biomaven who wrote (4507)4/1/1998 4:13:00 PM
From: biowa  Read Replies (1) of 9719
 
Peter,

>>I can see this as reducing the risks of biotech, but also maybe reducing the rewards<<

Actually, IMO it might increase the opportunities by making less sizable and more complex indications more economically attractive. In other words, if the economic incentive is there now to attack problems of a given riskiness, then as risk is reduced biotech will expand into indications that are currently too risky (but are subsequently lowered below the risk cut-off level).

As for absolute cost, I think that you'll always have to pay more for better CUTTING-EDGE performance. Looking at a given technology, however, the price should decrease.

biowa
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