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Biotech / Medical : Zonagen (zona) - good buy?

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To: C. K. Humphries who wrote (3685)4/30/1998 8:41:00 AM
From: Dauntless  Read Replies (1) of 7041
 
C. K. - happens all the time

CIBA, at the time they licensed the drug to Zonagen, obviously thought they had bigger fish to fry. Happens all the time - Big pharma companies have more compounds than they could ever develop - prioritize and keep the ones they deem best for them - by licensing some of the rest they can get a better return on their research.

The people at SGP got the chance to study the results of Phase I, II and III clinical trials - CIBA did not. Not necessarily smarter, just better informed. Same with the other three potential partners that negotiated for the distribution rights. Maybe they're all incapable of evaluating clinical data?
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