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Replies to #98631 on Biotech Values
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BTH

07/12/10 3:41 PM

#98632 RE: biomaven0 #98631

Considering they haven't even filed an IND yet I don't know how they're going to get it going until mid-2011.

(which is one reason I have been saying ARIA use a larger partner or sell the company). Ariad doesn't have the financial resources to do all these things they need to do. $75 million in cash is nowhere near enough money to do a CML, AML, solid tumor trials in 534, and launch human studies in ALK.

Ariad = snails pace because they have a greedy CEO