Corus Pharma: Experienced Help Found

Investors are buying into Corus, which is betting that it can find value in anti-infectives and respiratory products that others discarded because of problematic clinical trials.

Like many a biotech executive before him, Bruce Montgomery, MD, thinks he can identify promising compounds and develop them into drugs—cheaper, faster and better than most other people can. But he's restricting his claim to respiratory drugs, where he figures he is "expert enough to understand the pitfalls of a candidate—and probably figure out how to overcome them."

While working as a pulmonologist at the University of California, San Francisco in the 1980s, Montgomery was a co-inventor of aerosolized pentamidine, the first antibiotic to be formulated so that...

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