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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (2705)1/26/2001 10:54:49 PM
From: Scott H. Davis  Read Replies (1) | Respond to of 52153
 
RE: VICL quick, unsolicited reply. The low burn rate is attributable to not only all their revenue from partners, but to the fact that their management has done a great job of allocating resources/choosing good programs. In last 4 years, unless I midded something, there have been no programs cancelled - lack of funds, bad results, partner pullout. No partners have backed out, just added new partners & programs.

The management issue - news, cash position & blow burn rate all synch.

IMSCO, Scott