Biotech Values

[DewDiligence]

Given the mountains of cash VRTX has burned and will continue to burn for a few more years, if Telaprevir does not make it to market for some bizarre reason, VRTX will surely be considered the biggest flop in biotech history.

p.s. Feuerstein actually comes across as a nice guy on the phone, but you’d never know it from his writings where he shows an impressive knack for being an ass.