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Wednesday, November 22, 2006 10:42:05 AM
The poor DARPA protocol was something Cortex really had no control over. The poor AD PET scan trial protocol was caused by the sudden emergence of the Aricept/Namenda combo approach, and the lack of previous data on CX-717 for that combo regimen. Cortex can probably be excused for that misstep, though perhaps starting a 2nd different type AD trial earlier could have been done (as they're doing now).
Of course it all gets back to a lack of resources/cash, which is the underlying basis for most of Cortex's troubles (the thin pipeline / over-reliance on CX-717 / lack of progress on the high impacts, etc). They say that the love of money is the root of all evil, but in biotech, it's the lack of money.
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