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Replies to #74142 on Biotech Values
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corpstrat

03/09/09 5:30 PM

#74149 RE: Biowatch #74142

and those naive trapped scientists will be really really productive under the watchful eye of the watchmakers, won't they?
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masterlongevity

03/10/09 12:35 AM

#74169 RE: Biowatch #74142

when the market turn around, i bet we will see 30-40 new biotechs pop up in the bay area from people leaving genentech.

I actually think buying genentech is a bad long term deal for Roche. As a former employee and a friend with many current employees, i would venture that 40-50% of current R&D employees will leave over the next 3 yrs.