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Biotech 2004: Cautious optimism

CHICAGO Though spring is in the air and we are emerging into the second week of March, its still difficult to look in the crystal ball and say whether this will be a good or bad year for biotechnology. In the first two months of 2004, though, some significant activities have already taken place that impact the land of U.S. biotech. Witness these:

1. The
Full article >>> parture of a relatively new FDA commissioner, which leaves a gaping hole at this critical agency.

6. The opening of the biotech IPO market, which has raised $917 million since the fourth quarter of 2003. There are 13 more IPOs in registration with another 25 companies behind this group looking to go public.

Including the 12 companies that went public in the last part of 2003, t......

Full article >>> his was recently discussed by a panel of five investment bank analysts who specialize in the biotech, specialty Pharma and Big Pharma arenas. (Disclosure: columnist has a role at IBIO.)

The events emcee, Jim Hussey (the CEO of NeoPharm, one of Chicagolands leading biotech companies), led a vigorous discussion on the terrain for biotech......

Full article >>>
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Source:wistechnology.com By Michael Rosen 03/10/04


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