213: How the Fed affects biotech, Paul Offit on vaccines for kids, & another Alzheimer's setback
The Readout Loud
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The Market's Telling You That Developing Dro Is Expensive
There's a running total of combys trading below cash value now. Many of them, are going to have financial distress in the next ia year or two. Even though there are some really large venture funds now, i think on the private side as well, you're seeing,. starting just now, to see a recognition that things are getting worse and you're tring to see some pressure and valuations there too.
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