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Biotech / Medical : Munch-a-Biotech Today -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (953)12/11/2000 9:07:32 AM
From: nigel bates  Respond to of 3158
 
Bearing in mind the realtive valuations in the sector, I'd be surprised if we don't see quite a few more of this type of deal...

nig



To: Biomaven who wrote (953)12/12/2000 6:25:27 AM
From: nigel bates  Read Replies (1) | Respond to of 3158
 
Quotes from Shire's Rolf Stahel (re BCHE) -

"This is a company lead by scientists. They are not qualified business people. Not enough analysts know about them, and the forecasts are all over the place. but I knew about them - I wanted this company and I got it....
We were in competition with three or four other companies. If we hadn't paid this price, we wouldn't have got it..."

Leaving aside the question of just what a qualified business person might be, could the used biotech market be hotting up?

nig