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To: Julius Wong who wrote (3119)11/28/2000 9:53:19 AM
From: Angler  Read Replies (1) | Respond to of 4916
 
Julius: At least in the second phase of clinical study is the way some other experts put it. This can take years.

Most of the biotechs just bleed cash in R&D having no viable product on the market to sell. The big pharmacuticals keep them alive with support and maybe buy them out if they hit.

Maybe it is time for gold again if we start looking like a recession? Lots of layoffs around.

Angler