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


To: Biomaven who wrote (3749)5/11/2001 10:07:11 AM
From: Ian@SI  Read Replies (1) | Respond to of 52153
 
Peter,

Is it not also encouraging for the Genome companies and the treatments that will result from their research? Isn't that the ultimate in designer drugs? Hopefully the expedited FDA process will become the norm rather than their recent treatment of QLTI. (i.e. - We know you've got 3 years of excellent clinical results, but do another trial anyway!!!)

Ian.

It's the first "cure" or perhaps "semi-cure" for a cancer that doesn't involve nasty chemo or radiation. Further, it was very much a "designer drug" based on an understanding of the disease at a molecular level, rather than something that popped out in a random screening.