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DewDiligence

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DewDiligence

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Re: rstor1 post# 63641

Monday, 06/23/2008 3:59:15 AM

Monday, June 23, 2008 3:59:15 AM

Post# of 257575
Bob, in my experience, deals for drugs and drug companies are almost always competitive.

Exception: when the prospective buyer is the only plausible buyer because it is a majority (or large minority) shareholder of the seller, e.g. NVS-IDIX. In these cases, there is generally a pre-established contractual mechanism to assure a reasonable price. Regards, Dew

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

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