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Post# of 257579
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DewDiligence

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Re: iwfal post# 141378

Monday, 05/07/2012 9:55:42 AM

Monday, May 07, 2012 9:55:42 AM

Post# of 257579

Anyone know of any company that had less than 12 months of cash on hand that got a good deal for a ph ii compound…?

Reata’s $450M deal with ABT for Bardoxolone (#msg-54747777) may qualify, although Reata’s pre-deal financial status isn’t precisely known because the company is private.

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

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