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Biotech flourishes in 2005 while Big Pharma is on the decline

s but also in other industries such as the software/hardware and internet industries. For example, internet company Google went public in 2004, and whose value skyrocketed to a market cap of $123 billion at the end of 2005 with a stock price of $414.86 (versus its IPO debut in August, 2004 with a stock price of $85/share). Google's annual revenue is about $5.3 billion/year and income of $1.4 billi......

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Source:wistechnology.com By Michael Rosen 01/04/06


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