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biotech_researcher

05/10/13 10:28 AM

#30021 RE: stuartscott8900 #30017

stuartscott8900, you should know that no one buys a biotech based on the first year revenue of an approved drug. Think about it.. You buy a company like Ariad with the best in class drug for the revenue 3 to 4 years out, and then discount it back.