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DewDiligence

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DewDiligence

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Re: flatlander_60048 post# 88551

Friday, 07/23/2010 9:18:22 AM

Friday, July 23, 2010 9:18:22 AM

Post# of 257257
EMIS/NVS’ oral calcitonin bombs in phase-3:

http://finance.yahoo.com/news/Emisphere-Provides-an-Update-pz-3978785352.html?x=0&.v=1

From a financial standpoint, the oral-calcitonin program was* immaterial for NVS but highly consequential for EMIS, who is another biotech that can’t seem to do anything right.

*I’m using the past tense deliberately.

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

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