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Biotech / Medical : T/FIF Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (381)1/7/1999 12:56:00 PM
From: scaram(o)uche  Respond to of 1073
 
Steve:

>> Rick, you mentioned that "their" management is different and that "their" burn rate is
high, but I am unsure whether you were talking about CRGN or GLGC. If you
were talking about CRGN (which I think you were), could you expand a little about
their management? <<

Correct, CRGN. Founders, including current CEO, President and Chairman of the Board (Jonathan Rothberg), didn't shave yet when company opened doors. Rothberg and Went (recently departed) were both 27. One usually looks for relevant pharma or biotech experience in your biotech execs, correct? Rothberg was a postdoc for the first two years at CRGN.

Rick

Rick