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DewDiligence

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Re: mcbio post# 80405

Thursday, 07/02/2009 11:30:07 PM

Thursday, July 02, 2009 11:30:07 PM

Post# of 257302

ARYX: During a recent presentation, management attributed P&G's decision to drop ATI-7505 to P&G's decision to exit the drug business entirely. Do you think this is a plausible explanation or just spin from management?

The latter: spin. If a product candidate has bona fide commercial potential, large companies such as PG generally find a way to get some value for it.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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