Word on the Street
"My exclusion criteria is 50 pages."
- Kurt von Emster, partner with VenBio, referring to how investors have become much less risk-tolerant
"All money has strings. There is no such thing as free money."
- Randy Berholtz, executive vice president, general counsel and secretary of Apricus Biosciences Inc.
"If you're investing in biotech, your horizon should be long term."
- Steven Bronson, founder, chairman and CEO of investment banking firm Catalyst Financial LLC, on investors who complain about biotech's burn
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