Replies to post #208865 on Biotech Values

[zipjet]

Look at what Gilead spent on Pharmasett (11 billion for a drug in Phase 3) and what they will net after a decade of treatments.

The buy of Pharmasett was visionary.

The management of the resulting CF's looks pretty poor.

[jbog]

In no way did I want to portray that Gilead wasn't successful in their endeavor. I was just referring to the Gilead of tomorrow.