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2003 Biotech Results

Though the news from last weeks H&Q conference in San Francisco is still seeping out (even though press releases were rampant, no breaking news made the Wall Street Journal), the overall sentiment from the meeting seems to be one of optimism.

Remember that there are at least 15 IPOs queued up now. The outcome of the Eyetech IPO (expected to be in the $150 million range) and the aftermark......

Full article >>> et was still weak during 2003 in the U.S., it was in intensive care in Europe. On a relative basis, VC financing in Europe was stronger. One has to remember that in Europe there still is no single unified exchange for biotech companies to trade on but rather a series of country-based exchanges of which the London Stock Exchange is the most important.

Perhaps a way to look at Europe versu......

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'"/> By Michael Rosen 01/19/04

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