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Replies to #72936 on Biotech Values
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corpstrat

02/09/09 6:39 PM

#72938 RE: quantumdot #72936

<<DNA is Roche and Roche is DNA>>

Not in terms of management of R&D they're not. Couldn't be more different. Which is presumably why such a high proportion of Roche's pharma revenues is earned from DNA drugs. The acquisition will prove value destructive imo. And from a societal point of view will divert a lot of cash that payors shell out for high-priced biologics into less productive channels than currently is the case.
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DewDiligence

02/10/09 12:43 AM

#72967 RE: quantumdot #72936

Roche – As used in #msg-35382402, the term merchant bank was not intended to be pejorative. I consider it an oddity that Roche’s most consequential decisions of the past few decades have been banking decisions, but this doesn’t make Roche a bad company.