MCHM transdermal gel drug delivery Message Board

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Biotech / Medical : MCHM transdermal gel drug delivery

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To: regine who wrote (381)	6/5/1998 11:06:00 AM
From: EyeDrMike	Read Replies (1) of 419

I don't folllow this thread, or MCHM closely. I only bring to your attention what i thought was a very very tough question that was asked, and which the CEO seemed ill-prepared to answer. btw, i would never buy a company based on buyout hopes. While buyouts are nice, they are few and far between. It takes 400 to 500 million to bring a drug to market, by the CEO's own admission. They have spent less than 200 million developing this product. They only have 25 mill in cash left. Where the financing coming from??? Mike

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