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


To: Icebrg who wrote (7509)12/15/2002 7:45:41 PM
From: Icebrg  Respond to of 52153
 
On second thought it should of course also be said that the IMCL and ELN stories taught investors that it was possible that biotech companies may very well deflate due to factors that didn't have much to do with the drugs under development. Adding to the typical biotech risks.

And as most biotechs don't see much revenue coming their way this makes them even more risky than normal corporate disasters. And in the case of Elan not even their revenues and positive cash-flow insulated them when (unfounded) doubts emerged regarding their viability.