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Re: makarios post# 15350

Friday, 11/21/2008 4:15:07 PM

Friday, November 21, 2008 4:15:07 PM

Post# of 19309
Some companies in the field have managed to get "one drug" approved in a more timely fashion.

"A failure? Not sure that is any more than just your persective"

You're right there.....it is a matter of perspective. How anyone would consider a company that has expended as much money and time as GTC has to gain approval for one drug (a job well done) is a fairly hard sell.

I don't necessarily condemn GTC for their situation; look around the biotech village and they have plenty of company. The real difference today is the money train is off the tracks. The endless river of easy cash is kaput. Since enormous amounts of cash are the Mother's Milk of the industry it appears the children are about to starve.

Pray for FDA approval or GTC will end up a small footnote in biotech history along with many of it's peers.

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