Biotech Values

[DewDiligence]

LOL re this statement from Roche’s CFO on yesterday’s CC:

http://blogs.wsj.com/health/2009/02/04/roche-talks-up-genentech-deal-again/

…on the Genentech transaction, it’s not only our impression which is confident, it’s actually the management team which is confident that we will achieve what we want with this transaction. And sorry for answering with a counter-question: Over the last seven, eight years did you ever see that this management team did not achieve a major task which we have announced to you? So maybe with this we’ll go to the next question.