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Replies to #5451 on Biotech Values
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DewDiligence

12/06/04 12:43 PM

#5452 RE: rkrw #5451

>> gnta does show that relying on big pharma validation is no guarantee. ave wasted a lot of $ on them. <<

AVE may have struck out with REGN too. Considering the amount of money they put into the VEGF-trap deal, we aren’t hearing much about the drug these days.

Most of us know not to buy groceries on an empty stomach. In the same vein, AVE should have known not to cut a deal while everyone was drooling over drugs targeting VEGF, as they were in the summer of 03.
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poorgradstudent

12/06/04 12:55 PM

#5455 RE: rkrw #5451

I don't think any DNA-decoy method will work. I didn't think cgtk's trial would show anything, but i was too chicken to say anything or put my money down.

I feel like the lion in the wizard of oz.