Biotech Values

[dewophile]

Seeing that post was a blast from the past. If I had invested in VRUS instead of IDIX I might be retired by now. The only person I recall who posted here that bought VRUS in the early days shortly after the IPO was rfj1862. I could be wrong but I seem to recall him buying and you mentioning that it was not investable because the float was so low at the time.
I also think that it's good to remember that even though the market is primarily split by only 2 companies/regimens today, many more made money along the way (VRTX, JNJ/MVIR, MRK, BMY) and some small companies gave good returns to investors even though the drugs were a bust (INHX, IDIX). So the odds of an investment success is greater than the odds of picking the ultimate winner(s) in HBV and NASH