Biotech on the bubble
Everyone surely remembers the great Internet bubble that consumed the United States, if not the world, in the late 90s. If you were an Internet start up, times were great. IPOs guaranteed millions if not billions of dollars for the founders and their shareholders. The only problem was the companies had nothing to offer but the promise the good times would always continue. Then pop goes the bubble.
Now we have the potential to walk into the new bubble: Biotech companies. This week pharmaceutical giant Merck & Co. shelled out $1.1 billion to buy biotechnology firm Sirna Therapeutics Inc. Think about this one for a moment, Merck's $13-per-share offer for the San Francisco-based company is over a 100% premium over Sirna's closing on Monday.
Is this a move toward a bubble or is a smart move in an area that could pay off in years to come for Merck?
Sirna is developing drugs using RNA interference technology. There are at least a half-dozen biotechnology companies developing drugs that silence genes by interfering with the messenger-carrying RNA, a technique discovered by this year's Nobel Prize for medicine winners. There are eight U.S. and European patents specifically related to the technology.
Will this technology take off or will it go the way of other promising technologies? Venture capitalists have already invested hundreds of millions in the technology.
This deal is Merck’s second move in the RNA arena. They also invested in Alnylam Pharmaceuticals, one of Sirna’s competitors.
All this sounds good, right? Well, here is the issue, the closest drug Sirna has near market is at least two years away, and, in reality, more like three.
This is a complete turnaround for Sirna. In 2003, the company was failing when company officials decided to change its name from Ribozyme Pharmaceuticals Inc. to Sirna.
This is in no way suggesting biotech is even remotely close to those Internet start ups that filled the landscape, but they are companies to watch.
Talk to me.
Now we have the potential to walk into the new bubble: Biotech companies. This week pharmaceutical giant Merck & Co. shelled out $1.1 billion to buy biotechnology firm Sirna Therapeutics Inc. Think about this one for a moment, Merck's $13-per-share offer for the San Francisco-based company is over a 100% premium over Sirna's closing on Monday.
Is this a move toward a bubble or is a smart move in an area that could pay off in years to come for Merck?
Sirna is developing drugs using RNA interference technology. There are at least a half-dozen biotechnology companies developing drugs that silence genes by interfering with the messenger-carrying RNA, a technique discovered by this year's Nobel Prize for medicine winners. There are eight U.S. and European patents specifically related to the technology.
Will this technology take off or will it go the way of other promising technologies? Venture capitalists have already invested hundreds of millions in the technology.
This deal is Merck’s second move in the RNA arena. They also invested in Alnylam Pharmaceuticals, one of Sirna’s competitors.
All this sounds good, right? Well, here is the issue, the closest drug Sirna has near market is at least two years away, and, in reality, more like three.
This is a complete turnaround for Sirna. In 2003, the company was failing when company officials decided to change its name from Ribozyme Pharmaceuticals Inc. to Sirna.
This is in no way suggesting biotech is even remotely close to those Internet start ups that filled the landscape, but they are companies to watch.
Talk to me.

23 Comments:
Good site.
Thank you very much
Bali Property | Bali Real Estate | Bali Villa | Bali Hotel
Bali Resorts | Bali Hotels | Bali Travel Blog | Bali Guide Blog
Bali Tour Guide | Bali Home Design | Plumeria | Bali Painting
This blog is help to me..
It good site.
I am find some articel to help me..
thank.
Bali Furniture
Bali Land for Sale
I agree with you, your saying is so good and usful for me. Thanks. Are you also like
gucci shoes,
ugg boots
NFL jersey
Photoshop CS4,
ghd Hair Straighteners
cheap jordan shoes,
Photoshop CS3,
,? It’s a meaningful and interesting topic. Thanks.
Want to know more about, Michael jordan shoes
you also could choose the,ugg boots sale,Microsoft Office,UGG Nightfall
? With us.
It is a wonderful article,I like it!NFL jersey,ghd Hair Straighteners,NFL jerseys,
Photoshop CS2,ghd Hair Straightener,Welcome to read following news:
Baltimore Ravens jersey
Cincinnati Bengals jersey
Denver Broncos jersey
Indianapolis Colts jersey
Kansas City Chiefs jersey
New England Patriots jersey
Oakland Raiders jersey
San Diego Chargers jersey.
Some people like LV handbags,Some people like Chanel handbags,but most popel have been keeping an eye on cheap fashion brand handbags .we often talk about all kinds of designer handbags with my friends,most of my friends also like cheap fashion brand handbags.We admire cheap fashion brand handbags designer who often be able to design so many stylish handbags.We want to be a handbag’s designer in the future too. In our store online,you can buy all series of cheap fashion brand handbags,include: Louis Vuitton,LV Luggage,LV Wallets,LV Agendas,LV Belts,LV Shoes,LV Accessories,Gucci,Gucci Wallets,Gucci Shoes,Marc Jacobs handbags,Marni handbags,Miu Miu handbags,Mulberry handbags,Prada handbags,Thomaswylde handbags,TOD handbags,Bottega Veneta handbags,D&G handbags,Dior handbags,YSL handbags,Coach handbags
Thanks for article. Everytime like to read you.Another great place to buy UGGs boots is the ugg boot sale online stores. The best ugg cardy place to search for the cheapest ugg boots sale regardless of any other option is ugg classic mini online.
The midsole is in its traditional Nike air max 90 color of white along with the airsole while the free-style high dunk sb outsole possesses a black tone. Expect this more nike Air Force one comfortable and light men gucci shoes weight Air Max BW during Spring 2010.
Thanks for article. Everytime like to read you.Another great place to buy UGGs boots is the ugg boot sale online stores. The best ugg cardy place to search for the cheapest ugg boots sale regardless of any other option is ugg classic mini online.
The midsole is in its traditional Nike air max 90 color of white along with the airsole while the free-style high dunk sb outsole possesses a black tone. Expect this more nike Air Force one comfortable and light men gucci shoes weight Air Max BW during Spring 2010.
Thanks for article. Everytime like to read you.Another great place to buy UGGs boots is the ugg boot sale online stores. The best ugg cardy place to search for the cheapest ugg boots sale regardless of any other option is ugg classic mini online.
The midsole is in its traditional Nike air max 90 color of white along with the airsole while the free-style high dunk sb outsole possesses a black tone. Expect this more nike Air Force one comfortable and light men gucci shoes weight Air Max BW during Spring 2010.
men gucci
shoes
nike Air Force one
nike dunk SB
Ugg Keychains boots
high dunk sb
NBA basketball shoes
Nike air max 90
gucci belt
gucci boots sale
LV boots sale
LV
women handbags
miu miu
handbags
chanel
women handbags
gucci
ladies handbag
Fendi women
handbags
d&g ladies
handbags
YSL
handabgs
Ugg Boots Sale,ugg boots sales
ugg sundance
boots
ugg classic
short
ugg classic
tall
newest
style ugg boots
ugg classic
mini
ugg
ultra short
ugg
cardy
UGG Suede boots
ugg ultra
tall
ugg
cardy boots
I think I will try to recommend this post to my friends and family, cuz it’s really helpful.
ugg boots sale
ugg boots online
ugg boots on sale
ugg sale
UGG Classic Tall
ugg classic tall boots
ugg classic tall chestnut
ugg classic tall baroque
ugg tall boots
UGG Classic Tall Sale
classic tall boots
ugg tall boots sale
classic tall boots sale
tall boots sale
ugg tall boot
ugg classic tall black
men gucci
shoes
nike Air Force one
nike dunk SB
Ugg Keychains boots
high dunk sb
NBA basketball shoes
Nike air max 90
gucci belt
gucci boots sale
LV boots sale
LV
women handbags
miu miu
handbags
chanel
women handbags
gucci
ladies handbag
Fendi women
handbags
d&g ladies
handbags
YSL
handabgs
Ugg Boots Sale,ugg boots sales
ugg sundance
boots
ugg classic
short
ugg classic
tall
newest
style ugg boots
ugg classic
mini
ugg
ultra short
ugg
cardy
UGG Suede boots
ugg ultra
tall
ugg
cardy boots
discounting Bluetooth Wireless Handsfree Headset
favorable car charger
cheaper brand new Cell phone batteries
pecial offer Cell Phones
buy high quality computer accessories
discounting game Accessories
brand new discounting laptop AC Adapters
brand new discounting Laptop Batteries
brand new discounting Laptop cpu fans
brand new discounting Keyboards
high quality TOUCH SCREEN DIGITIZER
discounting new mp3 players
discounting new high capacity mp4 players
cheaper broadview home security systems
men gucci
shoes
nike Air Force one
nike dunk SB
Ugg Keychains boots
high dunk sb
NBA basketball shoes
Nike air max 90
gucci belt
gucci boots sale
LV boots sale
LV
women handbags
miu miu
handbags
chanel
women handbags
gucci
ladies handbag
Fendi women
handbags
d&g ladies
handbags
YSL
handabgs
Ugg Boots Sale,ugg boots sales
ugg sundance
boots
ugg classic
short
ugg classic
tall
newest
style ugg boots
ugg classic
mini
ugg
ultra short
ugg
cardy
UGG Suede boots
ugg ultra
tall
ugg
cardy boots
men gucci
shoes
nike Air Force one
nike dunk SB
Ugg Keychains boots
high dunk sb
NBA basketball shoes
Nike air max 90
gucci belt
gucci boots sale
LV boots sale
LV
women handbags
miu miu
handbags
chanel
women handbags
gucci
ladies handbag
Fendi women
handbags
d&g ladies
handbags
YSL
handabgs
Ugg Boots Sale,ugg boots sales
ugg sundance
boots
ugg classic
short
ugg classic
tall
newest
style ugg boots
ugg classic
mini
ugg
ultra short
ugg
cardy
UGG Suede boots
ugg ultra
tall
ugg
cardy boots
men gucci
shoes
nike Air Force one
nike dunk SB
Ugg Keychains boots
high dunk sb
NBA basketball shoes
Nike air max 90
gucci belt
gucci boots sale
LV boots sale
LV
women handbags
miu miu
handbags
chanel
women handbags
gucci
ladies handbag
Fendi women
handbags
d&g ladies
handbags
YSL
handabgs
Ugg Boots Sale,ugg boots sales
ugg sundance
boots
ugg classic
short
ugg classic
tall
newest
style ugg boots
ugg classic
mini
ugg
ultra short
ugg
cardy
UGG Suede boots
ugg ultra
tall
ugg
cardy boots
ugg boots
ugg boots sale
discount ugg boots
Nike dunk sb
uggs
UGG Bailey Button boots
UGG Classic boots
nike sb dunk
new nike sb
UGG Classic short boots
UGG Nightfal boots
cheap nike dunks
UGG Classic tall boots
ugg boots sale
uggs
ugg boots uk
Button ugg boots
cheap uggs
nike dunk low
Bailey Button ugg
Christian Louboutin
UGG Button boots
Bailey Button boots
UGG Bailey Button boots
discount nike sb
nike dunk mid
"I think I will try to recommend this post to my friends and family, cuz it’s really helpful."
ugg sale
ugg boots sale
ugg boots on sale
ugg australia boots
cheap ugg sale
ugg boot
ugg boots cheap
ugg classic cardy boots
classic cardy boots
cardy boots sale
Ugg cardy boots sale
UGG Classic Cardy grey
bailey button
ugg bailey boots
ugg button boots
ugg bailey boots
Ugg Bailey Button sand
ugg bailey black
Ugg Bailey
bailey button boots
bailey button boot
Ugg Bailey Button Boots
Ugg Bailey Button Chocolate
mbt shoes
mbt shoe
mbt sale
Cheap mbt shoes
mbt
mbt shoes sale
mbt anti shoes
cheap mbt shoes
mbt Lami
kids timberland boots
timberland classic boots
Timberland Men's 6 Inch
Timberland Men's Chukka
Timberland Men's Custom
Timberland Men's Roll-Top
Timberland Women's 6 Inch
Timberland Women's High-Top
Timberland Women's Roll-Top
men gucci
shoes
nike Air Force one
nike dunk SB
Ugg Keychains boots
high dunk sb
NBA basketball shoes
Nike air max 90
gucci belt
gucci boots sale
LV boots sale
LV
women handbags
miu miu
handbags
chanel
women handbags
gucci
ladies handbag
Fendi women
handbags
d&g ladies
handbags
YSL
handabgs
Ugg Boots Sale,ugg boots sales
ugg sundance
boots
ugg classic
short
ugg classic
tall
newest
style ugg boots
ugg classic
mini
ugg
ultra short
ugg
cardy
UGG Suede boots
ugg ultra
tall
ugg
cardy boots
ugg boots sale Just as with the ugg cardy the new calf high ugg cardy boots that this footwear company have introduced the ugg sundance offers the same level of comfort.Certainly for women who are looking for a pair of ugg classic cardy or ugg sundance boots to team with ugg boots or a long skirt these areideal.ugg boot sale
ugg boots sale Just as with the ugg cardy the new calf high ugg cardy boots that this footwear company have introduced the ugg sundance offers the same level of comfort.Certainly for women who are looking for a pair of ugg classic cardy or ugg sundance boots to team with ugg boots or a long skirt these areideal.ugg boot sale
ugg sale
ugg boots sale
ugg boots on sale
ugg australia boots
cheap ugg sale
ugg boot
ugg boots cheap
ugg classic cardy boots
classic cardy boots
cardy boots sale
Ugg cardy boots sale
UGG Classic Cardy grey
bailey button
ugg bailey boots
ugg button boots
ugg bailey boots
Ugg Bailey Button sand
ugg bailey black
Ugg Bailey
bailey button boots
bailey button boot
Ugg Bailey Button Boots
Ugg Bailey Button Chocolate
mbt shoes
mbt shoe
mbt sale
Cheap mbt shoes
mbt
mbt shoes sale
mbt anti shoes
cheap mbt shoes
mbt Lami
kids timberland boots
timberland classic boots
Timberland Men's 6 Inch
Timberland Men's Chukka
Timberland Men's Custom
Timberland Men's Roll-Top
Timberland Women's 6 Inch
Timberland Women's High-Top
Timberland Women's Roll-Top
Post a Comment
<< Home