Ariad Pharmaceuticals Inc fka ARIA

[chazzzzz]

Obviously you dont how much it costs for ongoing trials just as much as I dont. But answer this question ?

How much money do you think it takes to develop a drug and to fund all clinical trials until the drug reaches approval ?

Can you answer that question ?

I can't but I can use my Las Vegas gambling instinct to suggest that it will be well over $100 million.

Now I am not implying that ARIA cannot do it as you seem to think that I do, but I do know the hazards of biotech investing and advancing drugs thru trials is a money pit. It is the biggest drain on a balance sheet plain and simple. If you dont have the cash then trial will not be large enough or will not be as specific as you would like.

A quote from a prees release regarding RIDA:

"Merck has spent more than $200 million on the partnership so far, including about $128.5 million in milestone payments. Last year, the companies canceled one late-stage trial and delayed another. That cost Ariad millions in milestone payments."

Now let me ask the question again

How much money do you think it takes to develop a drug and to fund all clinical trials until the drug reaches approval ?

As matter of disclosure I own ARIA options and I would recommend buying at these levels.

Remember that when you and Surf start picking at my posts