Replies to post #20237 on Biotech Values

[rkrw]

ptie ceo should be humbled. After a lot of bluster, 2/3rds of the pipeline blew up in a couple of weeks. He's lucky to still have the job.

Thanks for the notes on the cc. I don't think he's bs about a buyback. They're overcapitalized with >$200M cash and a tiny burn rate.

[DewDiligence]

Re: PTIE CC

>…I thought his demeanor today on CC was uncharacteristically unbombastic. No hedging and some humility…<

I thought the only worthwhile comment from the CC was the observation that developing drugs for conditions such as IBS that lack a preclinical model is a bad business to be in.