Gee, Big Pharma has basically given up doing research (but LOVES overpaid executives and expensive TV commercials) and VC's have given up on funding Biotech. Take home message: don't contract a life-threatening disease any time soon; help is NOT on the way.
On Feb 09 02:28 PM Consider_this wrote:
> If the big pharma is smart, it'll wait. They're all stilling on piles > and piles of cash. > > "Buy now or forever be priced out" > BIO stocks will "forever be going up" > BIO companies are "too big to fail" > > are all mantras of similar nature (hint: replace BIO with your favorite > bank or overpriced house) > > Fact is > BIO is on collision course to bankruptcy; It never had a business model > sustainable in a low/none growth, cash strapped environment. > > Big Pharma > has no such impending deadline. Let the BIOs sweat and then pick them > up for pennies on the dollar. Free pipeline and research equity.
Biotechs: The Cash Crunch [View article]
On Feb 09 02:28 PM Consider_this wrote:
> If the big pharma is smart, it'll wait. They're all stilling on piles
> and piles of cash.
>
> "Buy now or forever be priced out"
> BIO stocks will "forever be going up"
> BIO companies are "too big to fail"
>
> are all mantras of similar nature (hint: replace BIO with your favorite
> bank or overpriced house)
>
> Fact
is
> BIO is on collision course to bankruptcy; It never had a business
model
> sustainable in a low/none growth, cash strapped environment.
>
> Big
Pharma
> has no such impending deadline. Let the BIOs sweat and then pick
them
> up for pennies on the dollar. Free pipeline and research equity.