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Biotech / Medical : Sugen (SUGN) -- Ignore unavailable to you. Want to Upgrade?


To: Miljenko Zuanic who wrote (414)5/3/1999 11:31:00 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 550
 
>> At the end, this venture may show and point to approach which will eliminate pharma bucks as necessity for bt company success and recognition. <<

Evans-Freke, not one of the caught in the headlights gang. For those objective observers, you might ask why most other sector CEOs are wearing blinders.

While I think your enthusiasm is a bit overdone, MZ, you certainly did call this one.

Moreover..... yooooohoooooo, sector CEOs with leveraged business plans but little cash.... the concept is sound.... if U.S. markets and VCs won't give you needed money under circumstances that are reasonable, go someplace in the world where sanity still prevails.

Geeeeze.... watching all these guys/gals who pull in $300K-$LGNDK/year to sit on their non-innovative butts is driving me nuts. Exactly what are we paying the sector CEOs to do? Their job used to be to raise money. They can't do that now, in the U.S. So, Evans-Freke and a few other CEOs with guts have gone out and (shudder!!) done something different than come to the office everyday and muck with the business while making sure that the coffee is done just right.

Simmer.



To: Miljenko Zuanic who wrote (414)5/3/1999 11:55:00 PM
From: smh  Respond to of 550
 
<<Mr Hamad says the company hopes this strategy will allow it to hang on to 50-55 cents of every dollar of drugs sold. He says this compares with a royalty of perhaps 12 per cent that it might expect to receive from an industry giant. >>

Very promising!!

Thanks for the update.

SMH



To: Miljenko Zuanic who wrote (414)5/4/1999 12:05:00 AM
From: scaram(o)uche  Respond to of 550
 
BTW.... how do you find all this stuff??

Thanks!