Biotech Values

[apljack]

PPHM: I've posted something to this effect before. I don't think that PPHM is a scam, but I've tracked it since 1999 and have noted that it has perpetually been in phase 1 or phase 2 research. It has gone to the well many times to raise money, diluting and diluting more of the shareholder's value.

I'd like to see their drugs get to the market, but think that PPHM is an example of good science (relatively speaking) being pissed away by a poorly managed co.

aj