>That many of the stocks on the list were way off their 52 wk highs probably means setbacks to the pipeline in the past year - looks that way for Kosan.<
This was clearly the case with COLY and ENCY, but was definitely not the case with SIRT. Although the table consists of only eight deals, it includes a wide diversity of deal frameworks.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”