by Roger Longman
Gilead’s near-acquisition, in the midst of the financing drought, highlights the key issue of management exhaustion in an industry where performance is measured largely on managing often unmanageable investor perceptions....
Gilead's Metamorphoses
Founded to pursue antisense, Gilead recognized that antisense was too long-term to support the continual financings they knew would be necessary to create a self-sustaining drug business. Thus Gilead began a series of transformations, eventually crafting an image for itself as a near-term antiviral company. Sidebar: Isis Stays Pure: As Gilead has shape-shifted into an antiviral player, Isis has continued to carry the antisense torch. And, says Stanley Crooke, MD, PhD, the company's CEO, Isis' develop
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