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Word on the Street

Monday, November 14, 2011

"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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