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


To: Davy Crockett who wrote (3737)5/10/2001 4:41:30 PM
From: Ian@SI  Read Replies (1) | Respond to of 52153
 
OT to svenlar;

I don't know what the objective of your post to Peter was.

A personal attack on this thread's originator and major contributor is unlikely to get you any sympathy, empathy or anything else.

All that you've achieved, with me at least, is lowered credibility.

Ian



To: Davy Crockett who wrote (3737)5/10/2001 4:55:41 PM
From: Biomaven  Read Replies (1) | Respond to of 52153
 
svenlar,

I think you seriously misinterpreted my quickie post. Just to set matters straight:

1. I am delighted that the FDA emerged from its current torpor and approved the drug in record time. I certainly did not mean to imply in any way that the FDA should have been slower here.

2. The drug is a fantastic drug, and kudos to Novartis for bringing it to the market as quickly as they did.

3. A bunch more drugs like this and many fewer people will have to face losing loved ones to cancer or have to face the rigors of chemotherapy. Can't happen fast enough as far as I am concerned. I am sorry you had to face losing your brother - I think all of us have had loved ones lost to cancer and other bad diseases.

4. It's sometimes hard to balance the ethics of investment with the real-world impact of one's actions. Like it or not investors have an impact (albeit small) on the real world companies we invest in. That's why I have an abhorrence of shorts who publicly attack good companies just to try to make a buck or two. I am personally delighted whenever a good new drug emerges, even it it happens to have a negative effect on my personal portfolio (which Gleevec doesn't).

5. I kid around a lot, and certainly didn't mean to upset anyone with my rather glib post on a serious subject.

Peter