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Replies to #65789 on Biotech Values
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DewDiligence

09/03/08 5:23 PM

#65815 RE: Dub Narcotic #65789

>MDVN PFE ELN WYE etc. – Dimebon became the clear Alzheimer front-runner at ICAD after they showed effectiveness in trials not run by sketchy Russians.<

I posted the Dimebon PR on the iHub ELN board and it was promptly deleted by one of the moderators as “off topic.” Go figure.
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DewDiligence

09/05/08 2:45 PM

#65889 RE: Dub Narcotic #65789

MDVN – An interesting tidbit on the Dimebon deal: PFE’s pre-deal DD put 25 executives to work for six months and included trips to Russia (where Dimebon is approved as an antihistamine).

Even for a company as large as PFE, $225M in up-front cash and $500M in regulatory milestones is serious money.

http://seekingalpha.com/article/94042-five-presentations-from-the-recent-biotech-investment-conference