Biotech Values

[BTH]

Maybe Scangos can just buy his old company now with Biogen money ...and the healthcare media/peers can proclaim him a genius again. He can use Biogens assets to further develop the 10 or so other me-too drugs he spent several hundreds of millions developing that are now a dust bin collection.


...i say this in jest.

Cabo certainly is a real drug - I just think EXELs management is pretty weak and screwed up dose escalation first off, and now probably don't have a clear idea of what they even want to do with Cabo. I can honestly see these guys spending a hundred or so million on further development of the drug and then realizing they designed the trial incorrectly.