Wednesday, September 06, 2006

Genta - not much sense in Genasense

Shares of Genta slid by over a third yesterday after the FDA posted a "ho hum" staff assessment of the biotech firm's leukemia drug, Genasense.

More here.

Looks like the FDA might be "toughening up" their attitude to these so-called cancer "Wonder Drugs".

The only wonder about most of them is that one wonders how they can command such high prices!

Ah! but we really know why, dont we?

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