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Re: waynebio post# 3488

Saturday, 05/05/2007 1:12:39 AM

Saturday, May 05, 2007 1:12:39 AM

Post# of 19309
>…isn't [Dr Cox] very, very, very, very, very, very, very, very replaceable (please let me know what he can do that another good manager can't)<

That’s too many very’s!

Put yourself in the position of a prospective buyer who is intrigued by the economics of GTC’s production platform but has little in-house knowledge of how to run an animal pharm. Wouldn’t you want to keep a management team with a proven track record? I know I would.

Dr. Cox may not be the most valuable GTC executive to a prospective buyer—Dr. Meade probably enjoys that distinction—but what Cox knows about taking a transgenics-based drug from preclinical development to regulatory approval is not that readily found, IMO.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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