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mcbio

11/22/11 9:49 PM

#131699 RE: DewDiligence #131696

p.s. The Reuters piece above has a serious factual error.

"He was also a principal founder of Idenix Pharmaceuticals Inc (IDIX.O), which went public earlier this month..."

JJM760

11/22/11 10:32 PM

#131710 RE: DewDiligence #131696

"I coined that name," Schinazi said of Pharmasset. "It's actually 'pharmaceutical assets' and the idea was to create assets that would be sold to companies. That was the initial business plan".

Well mission accomplished Ray! Man, this guy fleeced GILD few times now. His comments toward them are rather snide, wouldn't you say?