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Biotech / Medical : Elan Corporation, plc (ELN) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Radley who wrote (10250)	2/23/2010 11:39:16 AM
From: Harold Engstrom	Read Replies (1) \| Respond to of 10345

Arthur, Elan is a study in how not to run a pharmaceutical company. It is one of the few companies that I have seen where it is the science that really and truly saves the company's bacon over and over. Usually, it is the scientists-turned-managers who dig holes for the company. In this case, it is "professional" management that seems to have dug hole after hole for Elan and then sell the assets the scientists have built to pay their way out of the self-inflicted jams.