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Replies to #44471 on Biotech Values
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rfj1862

04/06/07 1:14 PM

#44472 RE: Deadb440 #44471

>Dr.F stated that his 5 year vision for Medicure is to become a Pharma in their own right.<

This sort of statement scares me right off. There are so many hurdles and costs between a biotech just starting phase III and becoming a real pharma that I'd put the odds at <5% for success.

I much prefer RPRX's approach. Build value and then sell.