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Replies to #69662 on Biotech Values
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rkrw

12/08/08 3:52 AM

#69663 RE: DewDiligence #69662

He was far from the worst biotech ceo ever.

At the very least he did sign a spectacular deal with Bristol.
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zipjet

12/08/08 2:43 PM

#69680 RE: DewDiligence #69662

>>He was dealt a great hand but he nevertheless found a way to screw things up.

Maybe my memory is failing. I thought that Sam Waksal pushed (working tirelessly to raise funding) the drug through when few, if any others, believed in the MOA* or utility of the drug.

If I have that right, he does not belong on the list of worst CEO's despite his illegal attempt to take advantage of the FDA setback.

JMO

ij

* Interfering with cells waste disposal which was thought to make the drug generally too toxic.