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DewDiligence

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DewDiligence

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Re: jbog post# 110290

Tuesday, 12/07/2010 5:13:46 PM

Tuesday, December 07, 2010 5:13:46 PM

Post# of 257580

A FoB program or the M118 program would not have a need for any immediate funding.

I strongly disagree with respect to the FoB programs. A decision to proceed in earnest with even one FoB* program requires a serious up-front commitment of capital to ensure that the program can be brought to fruition on a reasonable schedule.

I’ve already posted why I don’t think the money is for M118, so I won’t bother to repeat that here.

*Presumably for a monoclonal antibody.

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

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