BLT 0.00% 2.6¢ benitec biopharma limited

Arrowhead buys Novartis' RNAi assets, page-10

  1. 2,326 Posts.
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    Here's yet another example of why big pharma can't do biotech - they keep sacking the scientists needed to develop drugs. I've lost count of the amount of times we see this.

    http://www.fiercebiotech.com/story/merck-shutter-cubist-site-may-axing-128-staffers/2015-03-06

    No surprise if we see Merck in a couple of years offloading remaining Cubist IP & programs they couldn't take further, for a biotech to buy cheaply, take it up to PIII then sell value added back to Merck.

    Merck's CEO is a lawyer, not an ex soft drink Co. boss. Either way, still not much use to say a  brilliant young upcoming biotech scientist looking for some mentorship as he/she goes about developing breakthrough medical drugs.
    Last edited by drafter: 07/03/15
 
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