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neuroinv

01/16/09 10:14 AM

#22676 RE: haysaw #22675


Been there, done this. As much as I would love to have this whole conversation again and again, I believe it's already been posted on YouTube for those who want to relive it.

NeuroInvestment



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jerrydylan

01/16/09 10:27 AM

#22678 RE: haysaw #22675

You can trust me on this, Neuro IS telling it like it is. My take: Number#1-the Hedge funds/venture capital/health care funds have gotten butt-slammed with redemptions-They are no more in a position to fund biotech or buy stock in the market, the way they did. This leaves one alternative and the BP business development folks are VERY busy, because they are "IT" in funding microcap, & in my opinion: this is why Pfizer is shrinking it's R&D discovery program, IT IS GOING TO OUTSOURCE. This MAY be one reason it's taking a while,there are a ton of projects needing a partner now plus these guys are beaur-o-cratic . But as Neuro has said, we have efficasy phase2a and may be on the verge of something huge in SA, not to mention ADHD and RD. I believe we'll get a deal, a partnership before too long-I have no insider info. If we get efficasy in SA, it's huge ......"they" all want to see this trial. I am frustrated and sometimes I get pissed off but it is not Roger and Varney drinking Pina Coladas and twiddling thumbs, they want to move forward very, very badly. This BS credit thing and Madoff have totally screwd more than the banks.
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wahjjhugo

01/16/09 10:29 AM

#22679 RE: haysaw #22675

I think the way the game is played has changed dramatically. The FDA process has changed. The way investors see biotech has changed. The money supply has dried up. I don't see any way for any management to have foreseen these new conditions. Hindsight is always 20/20.

The quick shift to RD is the only reason we're all still here with something important to talk about. In short, management played the hand dealt to them. Yes, it's the eleventh hour, but we're still in the game.